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Your _____ _____ is what you use to pay for items from your checking account
Debit Card
You will be charged a ______ if you overdraw your account
Fee
You have to pay _____ if you do not pay your credit card off every month.
Interest
True or False: You should use your credit card to pay monthly bills
FALSE
At the end of each month you will receive a ___________ in the mail
Bank Statement
Which financial institution gives you loans with lower interest rates?
Credit Union
Which financial institution has more locations?
Banks
Which financial institution is owned by the people who deposit money into it?
Credit Union
Which financial institution is owned by a company?
A Bank
Which type of account gives you a small percent of interest back?
Savings
Which financial institution is not for profit?
Credit Union
What does 'overdraw' mean?
Spent more money than you had in your account.
Do you need to deposit money in an account when you open one?
Yes
What does ATM stand for?
Automated Teller Machine
What is a withdrawal?
Taking money out of your account.
What is a DEPOSIT?
Putting money in your account
A 4 digit number that only you know
PIN Number
Who is the person behind the counter at a bank that helps you?
A Teller