1. • A. Bank

1. • B. Grocery store

1. • C. Library

1. • A. Federal Reserve Bank

1. B. Local government

1. C. School district

• A. Checking account

• B. Savings account

• C. Credit card account

1. • A. Credit card

1. • B. Student loan

1. • C. Car loan

A. A deposit made into a checking account

B. An advance of money with specific terms for repayment and interest

C. A gift of money from the bank

1. • A. Fees

1. B. Interest

1. C. Nothing

2. • A. Debit cards

1. • B. Credit cards

1. • C. Gift cards

A. Storing money long-term without withdrawals

B. Allowing deposits and withdrawals at a financial institution for everyday transactions

C. Accumulating high interest over time

D. An account only used for credit card payments

A. A sum of money placed into a bank account

B. A written order telling a bank to pay a specified amount of money to an individual or business

C. A document that helps compare the account balance with the bank statement

A. Taking money out of an account

B. Depositing money into a savings account
C.

C. Transferring money between accounts

A. To withdraw cash from ATMs

B. To make purchases on credit and pay later

C. To store money like a savings account

A. A service that prevents transactions that exceed your account balance

B. A type of insurance for your bank account

C. A feature that allows unlimited withdrawals

A. Coins

B. Debit card

C. Paper money

A. To provide financial services to its members

B. To sell goods and services

C. To offer educational courses

• a) A sum of money paid out from an account

• b) A sum of money placed into an account

• c) A type of loan from a bank

• d) A fee charged by banks

A. The smallest amount you can withdraw from an ATM at one time

B. The lowest amount of money you must keep in your account to avoid fees

C. The least you can deposit when opening a checking account

D. The lowest amount your debit card can be used for in a purchase

A. Identify your personal checking account number

B. Direct money to your savings account automatically

C. Identify the bank or credit union where your account is held

D. Show the amount available in your account

A. You borrow money from the bank to make a purchase

B. Money is added to your account balance

C. Your debit card payment is declined

D. Money is taken out of your account for a bill

a deposit

a loan

a credit

a debit

A. Borrow money directly from the bank

B. Make purchases using funds directly from your checking account

C. Automatically improve your credit score

D. Withdraw only from a savings account

A. Moving money into a retirement account

B. Taking money out of your account, either as cash or payment

C. Adding money into your account

D. Closing your account at the bank

A. Overdraft Fee

B. Service Fee

C. Minimum Balance Fee

D. Deposit fee

a) You take cash out of your account at an ATM

b) Money is automatically sent into your bank account electronically

c) You sign the back of a check to cash it

d) You transfer money from checking to savings yourself

a) To refuse payment on a check

b) To sign the back of the check before cashing or depositing it

c) To transfer money electronically

d) To record the check in your register