https://www.youtube.com/watch?v=S90pcbG6gsc I heard my parents talk about putting their money in a bank. But what is a bank anyway? A bank is the type of financial institution that gives loans, which is money that they lend you which over certain amount of time, you pay them back with interest. And they also take deposits. For example, you can give them money, which you can put into either checking or savings account, or a CD which is a certificate of deposit. Banks also issue checks