Checks
This part of the check contains your name and address.
What is personal information?
For-profit financial institutions where most people do their banking.
What is commercial banking?
Everyday-use accounts that allow unlimited withdrawals and deposits.
What are checking accounts?
A card that deducts money directly from a checking account.
What is a debit card?
Where did Mr. Diaz go to high school?
Where is Harrisonburg High School? (HHS)
The line where you write who will receive the funds.
What is the payee line?
Nonprofit financial cooperatives owned by members.
What are credit unions?
Name one way to deposit money into a checking account.
What is ATM, direct deposit, bank branch, electronic transfer, mobile deposit, or P2P?
A paycheck deposited straight into your account.
What is direct deposit?
Besides teaching what other job does Mr. Diaz have?
What is Real Estate? (REALTOR)
The official amount of a check — numbers or words?
What are the words written out?
These banks exist only on the internet and are insured by the FDIC.
What are online banks?
Name one way to withdraw money from a checking account.
What is bank, ATM, debit card, check, EFT, online bill pay, mobile app withdrawal, or P2P?
Money provided to you now, to be repaid with interest.
What is a loan?
Who is Mr. Diaz's favorite artist's?
Who is Future, Zach Bryan, ASAP Rocky, Tyler Childers, and Aventura?
This type of endorsement is the riskiest because anyone can cash it.
What is a blank endorsement?
These banks primarily work in investment markets and don’t take customer deposits.
What are investment banks?
The process of comparing your checkbook register to your account statement.
What is balancing a checkbook?
Service that covers transactions if you don’t have enough money in your account. (but still charges a fee)
What is overdraft protection?
What exam are we passing at the end of the year?
What is the W!SE test?!
The nine-digit code on a check that identifies your bank.
What is the ABA routing number?
One benefit of credit unions compared to commercial banks.
What are better rates (or more ATM access)?
The final step in balancing your checkbook.
What is making sure your checkbook register matches your bank statement’s ending balance?
One security tip when using mobile or online banking.
What is use strong passwords, avoid public Wi-Fi, or set up alerts?
Where are you going for lower interest rates?
What is a credit union?