Teller Line
This is an employee who assists you with your banking needs
A teller
Vendor shows, TV commercials, billboards, and pamphlets are examples of this
Marketing or advertising
Card which can be used for both purchases and transactions at ATMs
Debit card
A loan obtained to purchase a home
Mortgage loan
The number of branches cfsbank has
10 (Charleroi, Connellsville, Bentleyville, Rostraver, Monongahela, Seven Fields, Hempfield, Peters Twp, Washington, Southpointe)
This is the location behind the teller line where bulk cash is stored
The vault
You can make a check deposit into your account any time using this banking feature
Mobile banking or cfsbank app
This card can only be used for ATM deposits, withdrawals, transfers, and balance inquiries
ATM card
Revolving credit is credit that is automatically renewed as debts are paid off. The most popular example is
A credit card
This group of individuals vote on the banks decisions and direction
The board of directors
Required legal document needed to open any account
Personal ID (license or passport)
Direct deposits and automatic withdrawal payments are two examples of this
ACH
Place where you can find the 3 digit security code and expiration date which are need for most online purchases
3 digit security code - on the back
Expiration date - on the front
Banks review this report to determine if a potential borrower pays their bills in timely manner
A credit report
An account specifically for your retirement savings
IRA or Individual Retirement Account
This written, dated and signed instrument must be endorsed on the back before it can be deposited or cashed
A check
A personal check can only be written on this type of account
Checking Account
This is the formal name of an ATM
Automated Teller Machine
The term for the percent of money a bank charges a lendee to borrow money
Interest
Transfer extra funds to this type of account after bills are paid and expenses are accounted for
Savings account
This is how bulk coin and cash are delivered to the bank
An armored vehicle
After the branches close, and all teller and ATM transactions are entered, this is the most important action the bank does
Balance the bank
These 4 digits are personally selected by the cardholder. It should be kept private and more clever than your date of birth or SSN
PIN or Personal Identification Number
The bank holds this money in an account to cover taxes and insurance calculated for your mortgage
Escrow
The act of taking illegally obtained money and mixing it into a business to make it seem like the money came from a legitimate source
Money laundering