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Banking Terms

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    Banking Terms
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  • Who is the person behind the counter at a bank that helps you?
    A Teller
  •  15
  • A 4 digit number that only you know
    PIN Number
  •  15
  • What is a DEPOSIT?
    Putting money in your account
  •  15
  • What is a withdrawal?
    Taking money out of your account.
  •  15
  • What does ATM stand for?
    Automated Teller Machine
  •  15
  • Do you need to deposit money in an account when you open one?
    Yes
  •  15
  • What does 'overdraw' mean?
    Spent more money than you had in your account.
  •  15
  • Which type of account gives you a small percent of interest back?
    Savings
  •  15
  • Which financial institution is owned by a company?
    A Bank
  •  15
  • Which financial institution has more locations?
    Banks
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  • At the end of each month you will receive a ___________ in the mail
    Bank Statement
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  • You have to pay _____ if you do not pay your credit card off every month.
    Interest
  •  15
  • You will be charged a ______ if you overdraw your account
    Fee
  •  15