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WorksheetsBanking basic terms
Total questions: 21
Worksheet time: 11mins
Name
Class
Date
1.
monthly report that states your transactions and balance
a)
WALL STREET JOURNAL
b)
BANK STATEMENT
c)
SCHOOL STAEMENT
d)
CHECKING REPORT
2.
type of account that pays little to no interest, write checks from this account
a)
CHECKING
b)
SAVINGS
c)
CD
d)
CHRISTAMAS
3.
a card you use to withdraw money at an ATM or to pay at a store
a)
CREDIT CARD
b)
CHECK
c)
DEBIT CARD/ATM CARD
d)
ID CARD
4.
when your employer automatically deposits your paycheck into your bank account
a)
DEPOSIT
b)
PAYROLL CHECK
c)
ATM
d)
DIRECT DEPOSIT
5.
the # assigned to your bank account
a)
BUSINESS NUMBER
b)
ACCOUNT NUMBER
c)
SCHOOL NUMBER
d)
PHONE NUMBER
6.
bank machine you use to make transactions
a)
ATM
b)
TYPEWRITER
c)
COIN COUNTER
d)
BANK TELLER
7.
the amount of money in your account
a)
DEPOSIT
b)
BENJAMINS
c)
BALANCE
d)
DOLLARS
8.
person who works at the bank and completes your transaction
a)
BANK TELLER
b)
PRESIDENT
c)
SECURITY GUARD
d)
LOAN SHARK
9.
to put money $$ in the bank
a)
WITHDRAWAL
b)
DEPOSIT
c)
INVEST
d)
WRITE A CHECK
10.
to sign the back of a check
a)
SIGNATURE
b)
X IT
c)
BANK TELLER
d)
ENDORSE
11.
money the bank pays you for saving your money there
a)
INTEREST
b)
LOAN
c)
CREDIT
d)
SERVICE FEE
12.
an account you share with a family member
a)
FAMILY ACCOUNT
b)
JOINT ACCOUNT
c)
INDIVIDUAL ACCOUNT
d)
CHECKING ACCOUNT
13.
the LEAST AMOUNT of money you need to keep in your account so you don't get a fee.
a)
MINIMUM BALANCE
b)
MAXIMUM BALANCE
c)
$5
d)
$100
14.
when you spend more, or OVER, the amount you have in the bank
a)
$5
b)
$10
c)
OVERDRAWN/INSUFFICIENT FUNDS/
BOUNCED CHECK
BOUNCED CHECK
d)
SUFFICIENT FUNDS
15.
type of account that pays interest, no checks
a)
SAVINGS
b)
CHECKING
c)
INTEREST
d)
MORTGAGE
16.
money the bank charges you for a service
a)
DEBIT
b)
LOAN
c)
INTEREST
d)
SERVICE CHARGE/FEE
17.
any action between you and the bank
a)
LOAN
b)
GAME
c)
TRANSACTION
d)
BANK STATEMENT
18.
to take money OUT of your account
a)
WITHDRAWAL
b)
DEPOSIT
c)
TRUST
d)
STEAL
19.
How is the amount written on a check?
a)
IN WORDS
b)
IN NUMBERS
c)
IN WORDS AND NUMBERS
d)
IN $$$ SIGNS
20.
How many places are the check number written on a check?
a)
2
b)
3
c)
4
d)
5
21.
What is a financial institution owned by its members called?
a)
bank
b)
depository
c)
money place
d)
credit union
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