Banking 101
Accounts
Transactions
Money Management
Potpourri
100

A bank employee who performs banking services for the public, such as cashing checks and accepting deposits.

Teller

100

An account that allows you to deposit and withdraw personal money.

Personal Checking Account

100

This item allow you to spend money by drawing on funds you have in the bank.

Debit Card

100

What is the amount of money currently in an account.

Balance

100

When someone takes money or other assets from you through deception or criminal activity, they've committed this act.

Fraud

200

A place for one to keep their money safe and insured by the FDIC.

Bank

200

Writing this word across a check will disable it, ensuring it cannot be used to deposit or withdraw funds. 

200

A transaction that takes money out of your account.

Withdrawl

200

An amount of money that is charged for a service, or penalty.

Fee

200

Financial transactions via the internet, such as mobile deposits, or in-app transfers.

Online Banking

300

Acronym for automated teller machine

ATM

300

A bank account that allows you to put money away to use later. If left here, your money will earn interest.

Savings Account

300

The movement of funds from one account into another (Checking -> Savings).

Transfer

300

The act of doing business a bank. 

Aka: making deposits and withdrawals.

Transactions

300

What is this document called?

Check Register

400

This piece of paper directs a bank to pay a specific sum of money to the bearer.

Check

400

A savings or checking account set up in more than one person's name

Joint Account

400

Earnings automatically deposited into a bank accounts.

Direct Deposit

400

This may occur when a payment is authorized and there's not enough funds in your account to fully cover the transaction.

Overdraft Fee

400

Benefits an account offers to its members, such as free checks, cash back, or student accounts.

Account Perks

500

A financial cooperative owned by its member to serve its members.

Credit Union

500

The amount of money a bank pays a depositor for holding their money with that bank.

Interest

500

A small paper form that a you'd fill out and include when depositing funds into your account.

Deposit Slip

500

A record you receive summarizing your account activity over a set period of time.

Statement

500

This is what you call your signature on the back of a check, which is needed to deposit or cash your funds.

Endorsement