Show:
Types of Financial Institution
Opening an Account
Using Checks
Managing a checking account
Other Financial Services
100
Which financial institution is a user-owned, not for profit, cooperative financial institution?
What is a credit union?
100
Convenience, safety, proof of payment
What are reasons for opening a checking account?
100
the owner of the account and the person who signs the check
What is drawer?
100
clearing
What is returning the check to the drawer's bank to be paid.
100
stop payment order
What is a written notice from the drawer telling the bank not to pay a certain check
200
Which financial institution is a full-service bank?
What is a commercial bank?
200
signature card
What is a bank's official record of a signature and must be signed when opening a checking account
200
drawee
What is the bank or other financial institution that pays the check.
200
clearinghouse
What is a place where many checks are cleared.
200
traveler's check
What is a special form designed for the travelor to use in making payments.
300
Which financial institution is organized mainly for savings accounts and to make loans to home buyers?
What is a mutual savings bank?
300
an account with two or more people
What is a joint account
300
forgery
What is writing another person's signature on a check without his or her permission.
300
outstanding checks
What is checks that have not cleared the bank yet.
300
postdated check
What is a check dated later than the date on which it is written.
400
Which financial institution manages people's money and property for them. Is useful for the very young or old.
What is a trust company?
400
deposit slip
What is a form on which you list all items you are depositing-currency, cash, coins or checks?
400
cashiers check
What is a check that bank draws on its own in-house funds
400
bank reconciliation
What is bringing the bank statement and checkbook register into agreement.
400
Check written for more than is in one's account
What is overdrawing?
500
Which financial institution specializes in making loans for long-lasting or durable goods such as cars and refrigerators?
What is a consumer finance company?
500
endorsement
What is written evidence that you have received payment.
500
money order
What is a form of payment that orders the issuing agency to pay for the amount printed on the form to another party.
500
bank statement
What is a report from the bank sent monthly to the owner of the account that shows transactions in the checking account.
500
A personal check in which the bank has guaranteed funds.
What is a certified check?