Introduction to Savings and Checking Accounts
|
|
- Jason Ward
- 8 years ago
- Views:
Transcription
1 Introduction to Savings and Checking Accounts LESSON PREPARATION AND TEACHER INFORMATION Lesson Summary: This lesson is intended for elementary students during a forty minute time period. The lesson teaches students the difference between savings and checking accounts, deposits and withdrawals, and introduces how to open an account with a bank. Lesson Objectives Define what a bank account is Explain the differences between savings and checking accounts List what is needed to open an account at a bank Discuss the differences between a deposit and a withdrawal Materials Needed Document Samples Handout (1 per student) Pencil for each student (teacher to provide) LESSON CONTENT Lesson Objective: What is a bank account? 4 minutes Introduction for Metro Bank Metro Money Sense Instructors Hello, my name is, and I work at Metro Bank. I m happy to visit your class today to talk with you about different types of bank accounts like checking and savings and generally about how these accounts work. Does anyone know what a bank account is? o Definition - An arrangement where a bank accepts deposits of money and keeps that money available for withdrawal by the account holder(s). Why do people have bank accounts? o To keep money safe o To have the federal government insure it o To earn interest from the bank What are the different types of accounts? o Checking, savings, holiday club etc. Lesson Objective: Explain the differences between savings and checking accounts 6 minutes Let s talk about two account types: savings and checking. A savings account is usually where customers put your money aside for a later use. Metro Bank: Metro Money Sense Introduction to Savings and Checking Accounts - Elementary 1
2 A checking account is usually used to make payments or purchases immediately by writing a check, using a plastic card called an ATM card, or debit Card, or by other ways. Quickly, have half of the class think of two or three things they would save for. Ask the other half of the class to think of two or three things their parents or relatives could pay for from a checking account. Ask the savings group to share their answers. Mention the use of a savings account to hold that money. Ask the pay for group to share their answers. Mention the use of a checking account to pay for the purchases or services shared by the students. Briefly discuss savings accounts. Savings account is a place to SAVE money for something in the future. Person putting the money into a savings account usually can have access or get to the money easily when ready to make their purchase. Savings accounts earn interest. Leaving money in the bank for some period of time What is interest? o Interest what the bank pays you for leaving your money in the bank. How can you earn more interest in a savings account? o By depositing more money. o By selecting an account that pays a higher interest rate. Briefly discuss checking accounts. Checking account is used to hold money for short periods of time because the money goes in and out more quickly than a savings account. Usually no interest is earned There are different ways to access money when needed o By writing a check, going to the bank and getting money from a teller, through the computer online, by calling on the phone, through an ATM (automated teller machine), by using a card to debit one s account, by mobile banking through a cell phone. Lesson Objective: What is needed to open an account at a bank? 3 minutes What items do you need to show/give to the bank to open an account? o You must have proper identification proving you are who you say you are: a student ID usually with a picture, a social security card, driver s license, passport, or other types of legal identification. o Your home address, your social security number, work information, etc. this information is used to fill out a special account opening form What does the bank give you so you can deposit and withdrawal money and the bank knows which one is yours? Hint: It helps identify the account. o An account number Metro Bank: Metro Money Sense Introduction to Savings and Checking Accounts - Elementary 2
3 When you open a savings or checking account at a bank, your signature is required on the special account opening form. This helps the tellers know YOU are allowed to deposit and withdrawal money. You would need the signature of an adult to open a banking account. Lesson Objective: Discuss the difference between a deposit and a withdrawal 20 minutes Ask students if they know the difference between a deposit and a withdrawal. A deposit into a savings or checking account is putting money into the account. You use addition to calculate how much money is in the account. The opposite of a deposit is a withdrawal. A withdrawal from a savings or checking account is taking money out of the account. Subtraction is used to calculate how much money is in the account. Hand out Document Sample worksheet to each student Have them look at the saving account ticket sample o Let the students know this ticket is only for savings accounts and only for depositing money. Review the parts of the savings account ticket: o Date o Account Holder s Name Students can write their own name. o Account Number Remember the account number the bank gave you when you opened the account. No two accounts have the same number. Students can make up their own 10 digit account number for this activity. o Amount to be deposited Prompt students to complete the ticket in order to make a $100 cash deposit. Circulate around the classroom to assist anyone who needs help. Point out the withdrawal ticket and explain it would be used when you want to take money out of the savings account. Review the parts of the completed ticket: o Date (have students write in today s date) o Account Holder s Name o Written amount section o Account Holder s Signature o Account Number Have the students write in their new account number from the savings deposit ticket. Mention: No two accounts have the same number. o Amount to be withdrawn (in numbers). Have the students write in $20.00 Now let s talk about the deposit and withdrawal for a checking account. The deposits for a checking account are similar to the savings account deposit, but the withdrawals are different. Metro Bank: Metro Money Sense Introduction to Savings and Checking Accounts - Elementary 3
4 Each month, your parents or family receive bills for things like the electric, telephone, car, etc. How are these bills paid? o Prompt that parents use checks or online banking because it is safer than mailing cash; a check serves as a receipt for payment. o Besides using cash and credit/debit cards, people use a check to pay for things because it gives permission to only one company or one person to receive a specific amount of money. A check is a withdrawal from the checking account. Have the students look at the sample check. All portions of the check have to be completed in order for the check to be processed. The check is a way for the account holder to tell the bank, in writing, how much money should be subtracted from the checking account and to who the money should be given. Show students the ATM/Debit card and ask if they know what it is called. How many of you have seen a grown-up use a card like this to pay for something? Where has it been used? (Movies, shopping mall, grocery stores, etc.) The ATM/Debit card is another way for the account holder to withdrawal money from a checking or savings account. It can be used at a store when making a purchase or at an ATM (automated teller machine) too! Keep in mind that anytime a person writes a check or uses a debit or ATM card, the person has to have money in the account to use these. If a person writes a check and there isn t enough money in the account, the check will not be paid and the bank may charge the person a fee. Wrap Up 7 minutes Group students into pairs and ask each pair to exchange 2 or 3 new things learned during the day s lesson. Call on select pairs to share with the whole class what has been learned. Metro Bank: Metro Money Sense Introduction to Savings and Checking Accounts - Elementary 4
5 Note for Educators: National Council of Teachers of Mathematics Principles and Standards for School Mathematics, 2012 Data Analysis and Probability Collect data using observations, surveys, and experiments [3-5] Recognize the differences in representing categorical and numerical data [3-5] Metro Bank: Metro Money Sense Introduction to Savings and Checking Accounts - Elementary 5
CHECKING ACCOUNTS and ATM TRANSACTIONS
Grades 6-8 Lesson 1 CHECKING ACCOUNTS and ATM TRANSACTIONS Key concepts: Checking accounts, ATMs, debit cards, credit cards, bank fees and regulation, safeguarding personal information Summary: This lesson
More informationStandard 4: The student will demonstrate the ability to balance a checkbook and reconcile financial accounts. Standard 4.
STUDENT MODULE 4.1 MANAGING A BANK ACCOUNT PAGE 1 Standard 4: The student will demonstrate the ability to balance a checkbook and reconcile financial accounts. Standard 4. Tracking Your Money Alexis stops
More informationIntroductions. Student Introductions. Purpose. Objectives (Continued) Objectives
Introductions Instructor and student introductions Module overview 1 2 Your name Student Introductions Your expectations, questions, and concerns about checking accounts Purpose will teach you how to use
More informationStandard 4: The student will demonstrate the ability to balance a checkbook and reconcile financial accounts. Standard 4.
TEACHER GUIDE 4.1 MANAGING A BANK ACCOUNT PAGE 1 Standard 4: The student will demonstrate the ability to balance a checkbook and reconcile financial accounts. Standard 4. Tracking Your Money Priority Academic
More informationChecking Account & Debit Card Simulation and Student Worksheet. Understanding Checking Accounts and Debit Card Transactions
Checking Account & Debit Card Simulation and Student Worksheet Understanding Checking Accounts and Debit Card Transactions What is a Checking Account? Common financial service used by many consumers Funds
More informationWhat is a Checking Account? Checking Account & Debit Card Simulation. What is a Check? Bouncing a Check. Other Checking Components
Checking Account & Debit Card Simulation Understanding Checking Accounts and Debit Card Transactions What is a Checking Account? Common financial service used by many consumers Funds are easily accessed
More informationChecking Account & Debit Card Simulation. Understanding Checking Accounts and Debit Card Transactions
Checking Account & Debit Card Simulation Understanding Checking Accounts and Debit Card Transactions What is a Checking Account? Common financial service used by many consumers Funds are easily accessed
More informationCHECKING ACCOUNTS AND ALTERNATIVE BANKING METHODS
Grades 2-3 Lesson 3 CHECKING ACCOUNTS AND ALTERNATIVE BANKING METHODS Key concepts: Types of payment, checking accounts, interest, ATM transactions, credit cards, purposes of saving Summary: This lesson
More informationHow to manage manage your your checking checking account. account.
How How to manage to manage your your checking checking account. account. Introduction Welcome to Desert Schools Federal Credit Union. Congratulations on your first checking account! It s the perfect time
More informationChecking Account. Money Smarts for Kids. Money Skills for Life. Member FDIC. Welcome! What Is a Checking Account? Why Is a Checking Account So Great?
Checking Account Welcome! Welcome to Young Americans Bank, the only bank in the world designed specifically for young people! Mr. Bill Daniels started Young Americans Bank in 1987 because he thought it
More informationChoosing and Using a Checking Account
LESSON 8 Choosing and Using a Checking Account LESSON DESCRIPTION AND BACKGROUND The students learn the fundamentals of maintaining a checking account. They examine electronic banking methods, the writing
More informationChecking Accounts. Open, Manage, and Reconcile
Checking Accounts Open, Manage, and Reconcile 1. What is a checking account? A checking account is opened at a bank or other financial institution. Banks offer several different types of checking accounts.
More informationWelcome! You ve made a wise choice opening a savings account. There s a lot to learn, so let s get going!
Savings Account Welcome! Welcome to Young Americans Bank, the only bank in the world designed specifically for young people! Mr. Bill Daniels started Young Americans Bank in 1987 because he thought it
More informationStandardBankAccounts in association with
Introducing StandardBankAccounts in association with What is a standard bank account? A standard bank account is a new type of account designed to help you manage your money. If you have been put off opening
More informationlesson six using banking services teacher s guide
lesson six using banking services teacher s guide using banking services web sites web sites for banking services The Internet is probably the most extensive and dynamic source of information in our society.
More informationBALANCING A CHECKBOOK
Grades 9-12 Lesson 2 BALANCING A CHECKBOOK Key concepts: Maintaining financial records, online banking Summary: This lesson uses checking accounts as an application to both strengthen students quantitative
More informationAnytime Adviser Checking Account Coach
Anytime Adviser Checking Account Coach Welcome. This interactive guide coaches you in managing your checking account. You may move from chapter to chapter by selecting headings from the left. Click on
More informationInstructor Guide Building: Knowledge, Security, Confidence FDIC Financial Education Curriculum
Check It Out Building: Knowledge, Security, Confidence FDIC Financial Education Curriculum TABLE OF CONTENTS Page Module Overview 1 Purpose 1 Objectives 1 Time 1 Materials and Equipment Needed to Present
More informationLesson Description. Texas Essential Knowledge and Skills (Target standards) Texas Essential Knowledge and Skills (Prerequisite standards)
Lesson Description This lesson gives students the opportunity to explore the different methods a consumer can pay for goods and services. Students first identify something they want to purchase. They then
More informationTake Charge of Your Own Checking Account ASSESSMENT ONE: Assessment #1
Assessment #1 ASSESSMENT ONE: Knowledge ο T / F You can only deposit checks into a checking account. ο T / F When using a debit card to make a purchase, the money will immediately be be withdrawn from
More informationKids Version. Instructor guide. 2003, 2013 Wells Fargo Bank, N.A. All rights reserved. Member FDIC. ECG-714394 VERSION 5.1
Kids Version. Instructor guide. 2003, 2013 Wells Fargo Bank, N.A. All rights reserved. Member FDIC. ECG-714394 VERSION 5.1 Hands on Banking Instructor s Guide Kids Version (Grades 4 and 5).Table of Contents.
More informationDate Here. Welcome to DePaul University s New International Students 2015!
Date Here Welcome to DePaul University s New International Students 2015! U.S. Banking System Overview Banking is regulated by federal and state governments Privacy Disclosure Fraud protection Protection
More informationVocabulary Financial Institutions Student Worksheet
Vocabulary Student Worksheet Page 1 Name Period Primary 1. Bounced Check: Vocabulary Financial Institutions Student Worksheet 2. ATM Charge: 3. Stop Payment Fee: 4. Travelers Checks: 5. ATM: 6. FDIC: 7.
More informationFollow these five steps to make switching to Peoples First Savings Bank easy and hassle free:
ACCOUNT SWITCH KIT Follow these five steps to make switching to Peoples First Savings Bank easy and hassle free: 1. Visit one of our locations to open your Peoples First Savings Bank checking account with
More informationUsing Banking Services
Teacher's Guide $ Lesson Six Using Banking Services 04/09 using banking services websites websites for banking services The internet is probably the most extensive and dynamic source of information in
More informationHow To Understand How To Get A Bank Account
Opening a Bank Account Section Objectives A basic component in establishing financial independence is Opening a Bank Account. Banking services are essential tools for managing personal finances and building
More informationSavings and Bank Accounts
LESSON 2 Savings Savings and Bank Accounts Quick Write Suppose a relative gives you a generous gift of $1,000 for your sixteenth birthday. Your parent or guardian says that you can spend $50 on things
More informationFINANCIAL/BANKING LITERACY ASSISTANCE FOR LATINO AMERICANS
FINANCIAL/BANKING LITERACY ASSISTANCE FOR LATINO AMERICANS REASONS WHY YOU SHOULD OPEN A BANK ACCOUNT Safety Carrying cash on payday or keeping large amounts of money at home or in your wallet can make
More informationTeen Guide to Savings and Checking Accounts
Teen Guide to Savings and Checking Accounts { http://youth.macu.com } Mountain America Credit Union knows that it s never too early to start learning critical money management skills. That s why we ve
More informationLesson Description. Texas Essential Knowledge and Skills (Target standards) National Standards (Supporting standards)
Lesson Description The students will share their base knowledge of payment options through a sorting activity. Students will brainstorm with groups to discuss the differences between debit and credit cards.
More informationAV Equipment: Overhead projector with overheads of a blank check register and a bank reconciliation form.
Section 2 Financial Basics Title of Lesson/Subject: Manage Your Checking Account Prepared by: LaRee Misek Contact : E-mail address: laree.misek@sendit.nodak.edu Time Allotment: 2 weeks Grade: 8, 9 or 10
More informationChecking 101. Property of Penn State Federal Credit Union
Checking 101 Checking 101 Checking Account Basics A check is a written order that represents cash Credit Union checking accounts are also called SHARE DRAFT accounts A share draft is equivalent to a check,
More informationNew Account Conversion CHECKLIST
New Account Conversion CHECKLIST You may check the boxes next to the items you have completed (if any). And then print out and keep this checklist handy. As you continue completing items, simply check
More informationBANK OF ADVANCE SWITCH KIT
BANK OF ADVANCE SWITCH KIT CLOSURE CHECK LIST Make sure all checks have cleared on your checking account. Give your Bank of Advance teller a copy of your last bank statement so automatic deposits, withdrawals
More informationELECTRONIC FUND TRANSFERS YOUR RIGHTS AND RESPONSIBILITIES
ELECTRONIC FUND TRANSFERS YOUR RIGHTS AND RESPONSIBILITIES Indicated below are types of Electronic Fund Transfers we are capable of handling, some of which may not apply to your account. Please read this
More informationChecking Account and Debit Card Simulation
Checking Account and Debit Card Simulation Student Instructions and Worksheets Introductory Level Take Charge Today May 2006 Checking Account & Debit Card Simulation Page 1 Checking Account Student Instructions
More information1. Stop using your old account. 2. Move your direct deposits to your new ESSA checking. account.
5 easy steps to moving your checking to ESSA Bank & Trust Once you ve opened your new ESSA checking account: 1. Stop using your old account. Don t close it right away allow two months for checks to clear.
More informationLesson 3: Cash the Check and Track the Dough
KaChing! Lesson 3: Cash the Check and Track the Dough Standards and Benchmarks (see page B-26) Lesson Description Students learn about checking accounts, savings accounts, and check-cashing services. They
More informationBank to Bank Transfer Application
MEMBER FDIC EQUAL HOUSING LENDER Bank to Bank Transfer Application I am applying for authorization to transfer funds between my Blackhawk Bank checking/savings account(s) and my checking/savings account(s)
More informationAdults Version. Instructor guide. 2003, 2012 Wells Fargo Bank, N.A. All rights reserved. Member FDIC. ECG-714394
Adults Version Instructor guide 2003, 2012 Wells Fargo Bank, N.A. All rights reserved. Member FDIC. ECG-714394 Welcome to Wells Fargo s Hands on Banking program! This fun, interactive, and engaging financial
More informationBANK B-I-N-G-O. service charge. credit card. pen. line nickel interest cash bank. ATM dollar check signature. debit card.
pen line nickel interest cash bank ATM dollar check signature teller withdraw bank withdraw penny deposit signature dime dollar pen deposit date teller line quarter check nickel interest ATM quarter dime
More informationChecking Account and Debit Card Simulation
Checking Account and Debit Card Simulation Student Assessment Answer Key Introductory Level Directions Step One: View s monthly transactions described below and complete all necessary transactions using
More informationChecking 101. Checking Out Checking Accounts
Checking 101 Checking Out Checking Accounts Checking Account Basics A check is a written order that represents cash Credit Union checking accounts are also called SHARE DRAFT accounts A share draft is
More informationChecking Account and Debit Card Simulation
Checking Account and Debit Card Simulation Student Instructions and Worksheets Get Ready to Take Charge of Your Finances Family Economics & Financial Education May 2006 Get Ready to Take Charge of Your
More informationGetting and Keeping A Checking Account
Getting and Keeping A Checking Account You've decided to get a checking account. That's a good idea. Your money will be safe and you'll have a record of what you've paid for. You'll know how much you have
More informationHow to Use a Financial Institution
How to Use a Financial Institution Latino Community Credit Union & Latino Community Development Center HOW TO USE A FINANCIAL INSTITUTION LATINO COMMUNITY CREDIT UNION & LATINO COMMUNITY DEVELOPMENT CENTER
More informationCOLLEGE. Going from high school to college. Getting Ready for College CHAPTER 1. Getting organized
CHAPTER 1 COLLEGE Getting Ready for College Going from high school to college means taking more difficult classes, meeting new people, and setting your own hours. But it also means taking charge of your
More information2. Practice Set (9 months of checkbook management) 3. Computer, Microsoft Word, and email 4. Computer and Excel software program and email
1 Section 2 Bank Services/Checking Accounts Title of Lesson/Subject: Checkbook Management 2 Prepared by: Contact Information E-mail address: Phone: Time Allotment: Grade Level: 2 weeks Sophomores ND Standards
More informationSwitching to your Talbot Bank checking account has never been easier with Talbot Bank s Switch Kit. (Switch Kit check list)
Switching to your Talbot Bank checking account has never been easier with Talbot Bank s Switch Kit. (Switch Kit check list) 1. Open your new Talbot Bank checking account. You can open an account by visiting
More informationSwitching to your CNB checking account has never been easier with CNB s Switch Kit. (Switch Kit check list)
Switching to your CNB checking account has never been easier with CNB s Switch Kit. (Switch Kit check list) 1. Open your new CNB checking account. You can open an account by visiting any of our convenient
More informationLocation and Hours available at www.sterbank.com
The Sterling Bank EasySwitch Pak includes all the forms you need to make your switch, including a Change My Account Payment form, and a Direct Deposit form. Print or copy as many forms as you need, and
More informationBanking in the United States of America
Banking in the United States of America U.S. Banking System Overview Banking is regulated by Federal and State governments. Privacy Disclosure Fraud protection Protection against dishonest lending Lending
More informationWelcome. 1. Agenda. 2. Ground Rules. 3. Introductions. Check It Out 2
Check It Out Welcome 1. Agenda 2. Ground Rules 3. Introductions Check It Out 2 Objectives: Part 1 State the benefits of using a checking account Determine which checking account is best for you Identify
More informationGr. 6-12 English Language arts Standards, Literacy in History/Social Studies and Technical Studies
Focus on Finance Lesson Description Concepts Objectives Students are introduced to the importance of financial services through the Banking for Safety online video. They read information about services
More informationWebster Opportunity Checking. $16.95 (or $11.95 with Direct Deposit 2 )
Fee Schedule for Consumer Accounts A Guide to Your Account At, we re committed to helping you find the right account to meet your needs. We ve prepared the following Account Guide to make sure you understand
More informationFINANCIAL LESSONS FROM A HURRICANE
K ATRINA S CL ASSROOM: FINANCIAL LESSONS FROM A HURRICANE INTRODUCTION OVERVIEW: THE IMPORTANCE OF BEING FINANCIALLY PREPARED During ordinary times, people with financial knowledge and skills contribute
More informationSMARTER BANKING MAKE THE MOST OF YOUR MONEY
SMARTER BANKING MAKE THE MOST OF YOUR MONEY CONTENTS PAGE 2 Get smart about everyday banking and saving PAGE 4 STEP 1 The bank account basics PAGE 8 STEP 2 How to access your money PAGE 10 STEP 3 Decisions
More informationLoans: Banks or credit unions can loan you money. You pay the money back a little at a time. They charge you interest for the loan.
Basic Banking Services and Checking Accounts Beginner & Low-Intermediate Materials What Can a Bank Do for You? Lesson 1: Introduction to Banking Services Worksheet 1-1 page 1 What Can a Bank Do for You?
More informationStandard 3: The student will describe the functions and uses of banks and other financial service providers.
TEACHER GUIDE 3.1 FINANCIAL SERVICE PROVIDERS PAGE 1 Standard 3: The student will describe the functions and uses of banks and other financial service providers. Finding Financial Services Priority Academic
More informationFrequently Asked. Questions. Cash Solution TM PIN Prepaid Debit Card
0 Frequently Asked Questions TM Cash Solution TM PIN Prepaid Debit Card Frequently Asked Questions About this booklet Moneytree has compiled the information in this booklet to help you understand and use
More informationSIMPLE SWITCH KIT. We Make the Switch Simple
SIMPLE SWITCH KIT We Make the Switch Simple 5 Simple Steps To Switch Your Account The Process: 1 Open your Wells Bank account Visit your local branch and a Personal Banking Representative will answer any
More informationNew Account Application - Fill out the account application and bring it with your Driver s License to Grand Bank s office at 204 Westover Drive.
At Grand Bank, we re making it simple for you to switch all your accounts and use us as your primary hometown financial institution. Print and complete these forms. Bring your Driver s License and completed
More informationCHECKING 101 EDUCATION. Practice & Reference Material
CHECKING 101 EDUCATION Practice & Reference Material BOOKLET INFORMATION Thank you for your willingness to learn more about managing your checking account and how to better use the tools Academy Bank offers
More informationLearn about. How to deposit money. How to make withdrawals and write checks. How to keep track of your money
Cumberland Security Bank s Checking School Learn about How to deposit money How to make withdrawals and write checks How to keep track of your money Depositing Money You can deposit cash and/or checks
More informationYour Guide to Opening a Bank Account
Take It to the Bank Your Guide to Opening a Bank Account All banks and credit unions participating in BANK ON DALLAS are offering accounts featuring: No-cost or low-cost checking accounts No minimum-balance
More informationKids version. Instructor guide. 2003, 2012 Wells Fargo Bank, N.A. All rights reserved. Member FDIC. ECG-714394
Kids version Instructor guide 2003, 2012 Wells Fargo Bank, N.A. All rights reserved. Member FDIC. ECG-714394 Hands on Banking Instructor Guide Kids Version (Grades 4 and 5) Table of Contents Introduction...
More informationKnow Your Rights and Responsibilities Electronic Funds Transfer Disclosure
Know Your Rights and Responsibilities Electronic Funds Transfer Disclosure 100 East Water Street Sandusky, OH 44870 ELECTRONIC FUND TRANSFERS Your Rights and Responsibilities Indicated below are types
More informationTri-County Bank SWITCH KIT - INSTRUCTIONS
SWITCH KIT - INSTRUCTIONS Thank you! We would love to be your bank! Switching over to is made simple by completing the following forms. Simply complete, print and bring into any one of our locations. A
More informationBeginning & Low-Intermediate
Unit 2 Basic Banking Services And Checking Accounts Beginning & Low-Intermediate Objectives Identify vocabulary and concepts related to basic banking services. Identify checking account services and understand
More informationTable of Contents. Money Smart for Adults Curriculum Page 2 of 78 982
981 Table of Contents Getting Started... 3 Module 3: Check It Out Part 1 Layering Table... 4 Module 3: Check It Out Part 2 Layering Table... 5 Icons Guide... 6 Module Overview... 6 Checking In... 8 Part
More informationIMPORTANT ACCOUNT INFORMATION FOR OUR CUSTOMERS from
IMPORTANT ACCOUNT INFORMATION FOR OUR CUSTOMERS from First Security Bank of Deer Lodge 311 Milwaukee Ave P.O. Box 629 Deer Lodge, MT 59722 (406)846-2300 ELECTRONIC FUND TRANSFERS YOUR RIGHTS AND RESPONSIBILITIES
More informationShare Draft/Checking Account Basics
Goals Share Draft/Checking Account Basics By the end of this session, students will be able to explain and understand: How and why checks are used What factors to compare when shopping for an account How
More informationG.A.P. Federal Credit Union. Click to Continue
G.A.P. Federal Credit Union Click to Continue MAKE YOUR PAYMENTS THE EASY WAY WRITE A CHECK Click to Continue Knowing how to use a share draft/checking account is an important skill for today. It provides
More informationChoosing and Using a Checking Account
LESSON 8 Choosing and Using a Checking Account Introduction Buying a new mp3 player is not a snap decision. You have to know the storage capacity of the player the larger the capacity, the more music and
More informationWhy should I have a bank account and how do I use one?
Take it to the Bank! 2 Money Matters The BIG Idea Why should I have a bank account and how do I use one? AGENDA Approx. 45 minutes I. Warm Up: Why a Bank? (5 minutes) II. Checking Accounts: Putting Your
More informationStandard 3: The student will describe the functions and uses of banks and other financial service providers.
STUDENT MODULE 3.1 FINANCIAL SERVICE PROVIDERS PAGE 1 Standard 3: The student will describe the functions and uses of banks and other financial service providers. Finding Financial Services Dorey has a
More informationConsumer Decision Making Contest 2001-2002 Study Guide ATM/Debit Cards
Consumer Decision Making Contest 2001-2002 Study Guide ATM/Debit Cards The popularity of ATM (automated teller machine) and debit cards is rising. ATM cards have a longer history than debit cards, but
More informationUnderstanding Checks and Checking Accounts
financial literacy Understanding Checks and Checking Accounts Aim To raise students awareness of the cost-cutting benefits of using checking accounts to pay bills and cash paychecks. Objectives At the
More informationElectronic Funds Transfer
Electronic Funds Transfer Types of Transfers, Frequency and Dollar Limitations Prearranged Transfers Preauthorized Credits. You may make arrangements for certain direct deposits to be accepted into your
More informationBANKING ON EXPERIENCE IT S EASY TO SWITCH MAKE THE SWITCH TO F&M BANK TODAY! 142 W. MAIN STREET P.O. BOX 718 MANCHESTER, GA 31816
BANKING ON EXPERIENCE IT S EASY TO SWITCH MAKE THE SWITCH TO F&M BANK TODAY! 142 W. MAIN STREET P.O. BOX 718 MANCHESTER, GA 31816 IT S EASY TO SWITCH FOLLOW THESE 5 SIMPLE STEPS TO MOVE YOUR ACCOUNT TO
More informationCAREER PREPAREDNESS. 19. Demonstrate how to manage a checking and savings accounts, balance bank statements, and use online financial services.
CAREER PREPAREDNESS Unit Banking and Financial Institutions Time on Task: 4 Hours/240 minutes Course Content Standard(s) 19. Demonstrate how to manage a checking and savings accounts, balance bank statements,
More informationUsing my PAYCHEK PLUS!
Using my PAYCHEK PLUS! Saving Money Pay day 300 Cost 7.50 2.5% of check 1.75* per visit * Or, get my entire paycheck cashed free by using my first free transaction per pay period to purchase a US Post
More informationwww.refugees.org Protecting Refugees, Serving Immigrants, Upholding Freedom since 1911 BANKING ON THE FUTURE
U.S. COMMITTEE FOR REFUGEES AND IMMIGRANTS www.refugees.org Protecting Refugees, Serving Immigrants, Upholding Freedom since 1911 BANKING ON THE FUTURE BANKING ON THE FUTURE A FINANCIAL LITERACY CURRICULUM
More informationREGULATION E DISCLOSURE
MIDLAND NATIONAL BANK 527 N MAIN STREET PO BOX 427 NEWTON KS 67114 (316)283 1700 REGULATION E DISCLOSURE ELECTRONIC FUND TRANSFER AGREEMENT AND DISCLOSURE For purposes of this disclosure and agreement
More informationSavings & Checking. { http://youth.macu.com }
Savings & Checking { http://youth.macu.com } Mountain America Credit Union knows that it s never too early to start learning critical money management skills. That s why we ve put this information together
More informationAdding and Subtracting
Positive and Negative Integers 1 A 7 th Grade Unit on Adding and Subtracting Positive and Negative Integers Developed by: Nicole Getman December 1, 2006 Buffalo State: I 2 T 2 Positive and Negative Integers
More informationPERSONAL CHECKING QUICK SWITCH BOOKLET PEAPACK-GLADSTONE BANK
PERSONAL CHECKING PERSONAL CHECKING QUICK SWITCH BOOKLET PEAPACK-GLADSTONE BANK WELCOME TO PEAPACK-GLADSTONE BANK S QUICK SWITCH KIT To help you with opening your account at Peapack-Gladstone Bank, please
More informationCopyright 2011: Penn East Federal Credit Union
Copyright 2011: Penn East Federal Credit Union Why bank with a credit union? A credit union is a not-for-profit financial institution. Unlike a bank, our members are our owners. We work for you! Penn East
More informationSimplify Your Life. Switch to Central Bank of the Ozarks. Account Application. Email Address
Personal Information Individual Account Holder Joint Account Holder Physical (no P.O. Box) Physical (no P.O. Box) Mailing Mailing Email Email Signer Information Individual Account Holder Joint Account
More informationBanking Basics 101. How to Manage Your Finances and Still Have Money Left Over For Pizza. Course objectives learn about:
Banking Basics 101 Course objectives learn about: Using a checking account Various types of payment vehicles Benefits of a savings account How to Manage Your Finances and Still Have Money Left Over For
More informationChecking and Banking
Chapter 5 Checking and Banking 5.1 Checking Accounts 5.2 Banking Services and Fees Lesson 5.1 Checking Accounts Learning Objectives LO 1-1 Describe the purpose of a checking account and the forms associated
More informationELECTRONIC FUND TRANSFERS YOUR RIGHTS AND RESPONSIBILITIES
ELECTRONIC FUND TRANSFERS YOUR RIGHTS AND RESPONSIBILITIES "NOTICE REGARDING ATM FEES BY OTHERS (a) If you use an automated teller machine that is not operated by us, you may be charged a fee by the operator
More informationIMPORTANT ACCOUNT INFORMATION FOR OUR CUSTOMERS from. State Bank 25 North Chestnut Ave New Hampton, IA 50659-0070 (319)352-6000
IMPORTANT ACCOUNT INFORMATION FOR OUR CUSTOMERS from State Bank 25 North Chestnut Ave New Hampton, IA 50659-0070 (319)352-6000 ELECTRONIC FUND TRANSFERS YOUR RIGHTS AND RESPONSIBILITIES Indicated below
More informationHow To Get A Checking Account In The United States
Date Here Welcome University of Michigan International Students U.S. Banking System Overview Banking is regulated by federal and state governments Privacy Disclosure Fraud protection Protection against
More informationDEBIT CARD AGREEMENT AND DISCLOSURE
DEBIT CARD AGREEMENT AND DISCLOSURE Your Rights and Responsibilities The purpose of this disclosure is to make you aware of your rights and responsibilities when using our Debit Card. You have applied
More informationYou re on your way! We re happy you decided to switch to The Village Bank. We think you will be, too!
Welcome! Switching to The Village Bank is as easy as 1-2-3! 1. Change Your Direct Deposits For payroll direct deposit, fill out the enclosed Direct Deposit Request form and provide it to your employer
More information3 Weeks Before You Depart www.commbank.com.au/movingtoaustralia Banking in Australia 1 Week Before www.smarttraveller.gov.au
Banking in Australia Banking in Australia Moving countries and banks is always a big step. There s plenty to think about, and lots to do. Luckily for you, the Australian banking system is one of the safest
More informationSwitch to Peoples Exchange Bank
Switch to Peoples Exchange Bank We make it easy, every step of the way. 1. Set up your new account - Fill out our New Account Information Form and we ll have everything we need to establish your account.
More informationDEBIT/ATM CARD APPLICATION
DEBIT/ATM CARD APPLICATION APPLICANT: Last Name: First Name: M.I. Street Address: Apt. # / PO Box: City: State: Zip: Day Telephone #: Evening Telephone # Debit Card ATM Card SECOND APPLICANT: Last Name:
More informationConsumer.gov Lesson Plan Opening a Bank Account
Consumer.gov Lesson Plan Opening a Bank Account Teacher s Notes This lesson plan is designed to be flexible, so that you can use all or part of it depending on the level(s) of your learners, their learning
More information