Banking

Interest-bearing account pays a higher interest rate than a savings account

Average American writes how many checks a year?

Account of 2 people

NOW, money market, Asset management, are examples of

Safe investment, where you leave your money for a period of time in the bank earning interest

Interest that is paid only once a year

Interest rate that stays the same

Commercial, savings, credit unions, are all examples of

1913 created stability in banking; controls the nations money supply and interest rates

24 hour banking

Insures money up to 250,000 dollars in banks

Banks charge these for ATMS, debit cards, check printing, etc.....

When you open a bank account you need.....

All of the following are things you should consider before you choose a bank except.....

Guarantee that the check is good because it is drawn against the bank’s account

The hub of the banking system; Pay your bills with it; Paycheck can be directly deposited

Bank account where the main goal is to save money you earn small interest percentage

Sent to you to help keep track of your account

the total amount you earn, as a percentage of what you invest.

Personal checks that your bank guarantees it will honor

First bank in the world

allows you to earn interest on your interest

The least amount of money a bank requires for its accounts

Never give out your....

Interest rate that moves with the market

When there is not enough money in your account to cover a check your check will