General
A financial institution people use to store their money.
What is a BANK?
Princess is saving up for a down payment on a pre-owned car, the cost will roughly be $2,000. which kind of account would be best for her to open?
What is a savings account?
When you put money into your bank account.
What is a DEPOSIT?
Name 4 NFL teams
What is STEELERS,Ravens,Patriots. . .etc
Name 2 ways a person can use a bank.
What is Saving, borrowing, paying bill or managing money
Recently Debra has come into some money. Instead of carrying it around she decides to open a bank account. What type of account should she open?
What is a checking account?
When you take money out of your bank account.
What is a WITHDRAWL?
The mayor of Chicago.
Who is Lori Lightfoot?
Because it can be hard to keep a large amount of money in your bank account, look for an account with...
What is A LOW MINIMUM BALANCE REQUIREMENT?
Amari is under 18 and wants to open a bank account. He needs this in order to open one.
What is a CUSTODIAN (or responsible adult)?
A small amount of money the bank gives you just for keeping your money in your saving account.
What is INTEREST?
Name 2 college majors.
What is English, Finance, Accounting, etc...?
The pin is typically used when dealing with which type of card
What is a debit card?
In order to make a deposit at your bank you need these two things.
What is an ID and a DEPOSIT SLIP?
Some banks charge no or low _____ to open accounts.
What are FEES ?
Name 4 different banks
What is BOA(bank of american) Wells fargo, BMO Harris, Federal Reserve,Chase (varied response)
Name 3 things you need to open a bank account.
What is an application form, proof of name, address, birthdate, Custodian if under 18, Social Security Card, money, answers will vary
If you are looking for a SECURE bank account make sure it has this.
What is a FDIC Insurance?
A service in which a financial institution loans you money in the case that you have non-sufficient funds.
What is OVERDRAFT PROTECTION?
The FDIC is an independent organization that was founded in this year.
What is 1933?