Examples of these types of banks are Wells Fargo, Chase, and Regions

license authorizing a bank to operate usually called national banks

an independent agency created by the federal government to protect bank customers by insuring their deposits

Two types includes mutual savings and loan associations and stock savings and loans association

a non profit financial cooperative owned by and operated for the benefit of its members; services offered only to its members

the movement of money electronically from one financial institution to another

service offered by most banks and credit unions that requires a Personal Identification Number (PIN) to check account balances, make cash withdrawals and deposits, and move money from one account to another.

also called a check card, allows you to make purchases by swiping your card through a point of sale(POS) terminal that is usually located at the merchant’s checkout counter

a card issued by a bank that allows the holder to check account balances, withdraw and deposit cash, and transfer money from one account to another using an ATM

a check written for an amount greater than the balance of the account

a request for a financial institution to refuse to honor a check you wrote or a check that has been lost or stolen, as long as the check has not cleared your account and already been paid

a special type of check that the bank guarantees to pay; paid with cash withdrawn from your account

a personal check that your bank certifies is genuine and that there is enough money in your account to cover the check

a payment order for a specific amount of money payable to a specific payee; useful for those who do not have checking accounts to send money safely

a special form of check that functions as cash; can be cashed at many places around the world; unused checks can be redeemed for cash; useful if traveling and do not want to carry large amounts of money

Examples of this is CashApp and Paypal

a written order for the bank to pay a specific amount to a person whom the item is written