Bank Terms
The person who helps customers set up an account or deal with transactions in a bank
*Hint: not a cashier
*Hint: begins with the letter T
Who is a Teller?
To give the bank money to be added to the customers account
*Hint: starts with a D
What is Deposit?
Identification card; is a nine-digit number issued to U.S. citizens. Its a blue card, and recommended that you memorize the number.
What is a Social Security Card?
4 digit number used to access ATM machines: you create this number when you get a debit card
A. Balance
B. Pin Number
C. ATM
What is B. Pin Number?
Name of a Bank you know/heard of
Hint: *any bank
Answers will vary
Is a financial institution where customers can save or borrow money.
*Hint: where do you keep your money
What is a Bank?
To take money out of an account.
*Hint: Begins with the letter W
What is Withdrawal?
If you are not 18 years old, you may need what/who, to set up a bank account.
What is a Parent signature?
The total amount of money in an account.
A. Balance
B. Pin Number
C. ATM
What is A. Balance?
An account is what most people use for day-to-day purchases, such as groceries and gas.
*Hint: begins with the letter C
What is Checking?
Any situation where money was deposited or withdrawn from your account.
*Hint: begins with the letter T
What is Transaction?
A card that can be used to pay for items with money from a bank account.
Hint: it is a rectangular plastic card
What is a Debit Card?
Banks usually require 3 things to open an account
1. parent signature if not 18
2. identification/ social security card
3. ???
What is Money? Minimum balance.
Earnings automatically deposited into bank accounts
*Hint: 2 words: D___D___
What is Direct Deposit?
The account that is best for saving money long-term. Money in this account slowly gains interest.
What is Savings?
% of money that the bank pays its customers for depositing money with them
*Hint: this happens to a savings account or loan
*Hint: 2 words, beginning with I___ E___
What is Interest Earned?
A device that gives money and can be used to do other transactions.
*Hint: you put your debit card in and type your Pin Number on it
What is an ATM machine?
One example of documentation/proof that you are who you say you are.
Answers may vary
*Driver's License/passport
*Proof of Address (bill, driver's license)
* Social Security card
There is NO charge for using this branches ATM machine.
A. Your bank
B. Other Bank
What is A. Your bank?
One question you should ask when setting up an account?
Answers will vary
Paper format to tell the bank to transfer money from your account to someone elses.
A. Checks
B. Direct Deposit
C. Automatic Deposit
What is A. Checks?
An automatic payment system where bills are paid through direct withdrawal from a bank account
A. Online Banking
B. Automatic Payment
C. Direct Deposit
What is B. Automatic Payment?
When you finish completing your account, you will receive documents that contain important information about your account. Where should you keep these papers?
What is, in a safe place/ strong box.
What does the ATM give you after you make a transaction?
*Hint: begins with the letter R
What is a Receipt ?
Where can you find the routing number and account number on a check?
What is, on the bottom of the check?