Basic Banking
An office of the bank
What is a branch
Electricity, water, and sewer are types of _____
What are utilities
Money borrowed from the bank to buy a car, house or personal reason
What is a loan
When you open a checking account at the bank, you must bring this with you
What is proof of identification
A card for borrowing money from a bank.
What is a credit card
A loan to buy a home
What is a mortgage
A machine for getting money when the bank is closed
What is an ATM
When you leave your job and stop working. Usually when you're older.
What is retirement
A person who is applying for a loan
What is a borrower
Money you pay the bank for using their services.
What is a fee
The type of account used to write checks to pay bills
What is a checking account
The amount of money you have in your paycheck AFTER you pay taxes.
A percentage (%) extra you must pay when you take out a loan from the bank
What is interest rate
A fee charged when you spend more money than you have and go negative in your account
What is overdraft fee
A person who works at a bank behind a window. They help with deposits and withdrawals.
Who is a teller
Money you receive regularly for work.
What is income
Money you need to pay back
What is debt
A bank service that deposits your paycheck straight into your bank account.
What is direct deposit
The secret number you type when using your debit card