What is our coping skill of the day?
awv
What is the average total cost to withdraw money from an out of network ATM?
$5.61
$4.73
$3.57
$2.25
What is one way to get money out of your checking account?
check, purchase, withdrawal, bill pay, transfer
What is one way to put money into your checking account?
online deposit, in-person deposit, transfer, etc
As a young person, why is it important to have a free checking account if possible?
answers will vary
What does it mean that your money is FDIC/NCUA insured: up to $250,000?
Both the NCUA and FDIC are responsible for insuring funds in the event that a financial institution fails.
What is one reason to have a checking account?
answers will vary
Each of these is a way to get money INTO your checking account EXCEPT...
Send cash in the mail to the bank
Do a mobile deposit
Deposit a check through an ATM
Do an electronic transfer from another account
FDIC insurance provides...
A guarantee your bank won’t ever go out of business
Health insurance coverage after you turn 26
Banks with insurance so that customers can’t scam them
protection of your money in your account, up to $250,000
