Financial Services
What is an ATM?
A machine that allows customers to deposit or withdraw money outside the bank
What is a paycheck?
Money received for work completed via check
Card that allows the holder to buy goods and services by borrowing from the bank
Credit Card
Who wrote and signed this check?
Carly Smith
What is a personal loan?
Money borrowed from the bank for personal use that will be paid back (with interest)
What do you have to do to the back of a check to deposit or cash it?
Endorse/Sign
What is a card that allows customers to electronically pay for goods and services from their checking account
Debit Card
From what bank was the check written?
JA BizTown Bank
Definition of a loan
Money borrowed that must be repaid (with interest)
True or false?
If there is not enough money in an account, the bank covers the check for the account holder.
False
What is identity theft?
the crime of stealing someone else's personal or financial information for your own use
What is the check amount?
$3.25
Why should you use a money tracker?
To be aware of how much money you have
Two ways employers can pay their employers
Paycheck / Direct Deposit
A savings account is useful for times when you have unexpected cost.
True
What is the account number?
083
What is a safe deposit box?
A safe at a bank where valuables can be kept
What is a deposit ticket
Written record of money put into a bank account
True or False?
The 14th Amendment of the Constitution is one place where it states that people's property (like money) is protected?
True
Why was the check written?
Birthday card