Banks
Internet banking, plain and simple
Online Bank
People who do not have bank accounts are considered this
Unbanked
You really should put your well earned cash in this financial institution
Bank
This is the part of the check where you write down what you are purchasing
Memo Section
This type of bank is for-profit, the most common, and offers a wide variety of banking services
Retail Bank
Banks will sometimes offer this protection feature should you spend more than you have
Overdraft Protection
Overdraft Fee
This number is on a check in 2 different places
Check Number
This bank is a nonprofit that is owned and operated by its members
Credit Union
If someone has maybe a checking or a savings account but still uses alternative services or products for their money, they are considered this
Underbanked
Your best option for your paycheck. It's automatic and electronic
Direct Deposit
This is the number at the bottom of the check on the far right
Check Number
This independent federal agency insures deposits in bank accounts up to $250,000
400 Point Bonus: It stands for...
FDIC
Federal Deposit Insurance Corporation
How quickly you can access money in your account or the value of an asset refers to this
Liquidity
To make sure you and your bank are on the same page money-wise for your checking account, you should do this
Reconciling
This is the number on the bottom of the check on the far left (9 digits)
Routing Number/ABA Number
Credit Unions have this federal agency that insures deposits up to $250,000
500 Point Bonus: It stands for...
NCUA
National Credit Union Administration
This account activity journal is also called a ledger
Checking Account Register
Instead of a savings account, you really should put your emergency fund in this type of account
Money Market Account
This is the number on the bottom on the check in the middle
Account Number