Banks/Credit Unions
Checks
Checking Accounts
Recording
Miscellaneous
100
The agency that insures customer accounts at banks and credit unions
What is the FDIC
100
Checks that are written but not processed by the bank.
What is an outstanding check?
100
An account held by two or more people, each person on the account have full rights to it.
What is a joint account?
100
The banks for for recording all transactions, withdrawals, and service charges for a checking account.
What is the Bank Statement?
100
Money that the bank pays you each month based on the average daily balance of your savings or checking account.
What is interest?
200
This type of financial institution requires a membership for customers to join.
What is a Credit Union
200
The person or business being paid is known as
What is the payee?
200
If a check for $350.00 is written, but there is only $275.00 in the account, this type of fee would be charged.
What is an overdraft fee?
200
This is where you will record all of your checking account transactions
What is the checkbook register?
200
These are the two groups that can charge you a fee if overdraft your overdraft
What is the bank and place the check was written to?
300
Banking transactions that are performed using a personal computer, smart phone, or other internet enabled device.
What is online banking?
300
If you make a mistake on a check, this is the word you write across the front of it.
What is VOID?
300
Only one holder and the person who opens the account is the only one who can make withdrawals.
What is an individual account?
300
Cash or checks that you put into your account.
What are deposits?
300
A debit against your checking account written on a paper form.
What is a check?
400
A bank machine that gives out cash from your account, and is available 24 hours a day.
What is an ATM?
400
When writing a check you use this line to identify the purpose of the check.
What is the memo line?
400
This is the age you must be to get your own credit card or checking account.
What is 18?
400
The process of matching your checkbook register with the bank statement.
What is reconciliation?
400
This is the term used when you have an overdraft and the check is returned to the payee.
What is "bouncing" a check?
500
This type of credit or debit card gives you points based on how much you spend.
What are "rewards" cards?
500
These are the numbers that are written on the bottom of your check which identifies the bank and where the money will come out of.
What is the routing and account number?
500
This form is used to verify that checks are not forged.
What is a signature card?
500
This column is used to record additions to your account.
What is the Deposit/Credit column?
500

A requirement to collect certain information when opening an account.

What is the Patriot Act?

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