Checking Accounts. Open, Manage, and Reconcile
|
|
|
- Hortense Dayna Potter
- 10 years ago
- Views:
Transcription
1 Checking Accounts Open, Manage, and Reconcile
2 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. Common checking options: Basic checking account For someone who primarily wants to use checks to pay bills or everyday expenses. To avoid fees, some banks require a low minimum balance. Interest-bearing account Requires a higher balance; interest is usually paid monthly. A minimum deposit is usually required to open this type of account. Joint checking account For two or more people who are usually in the same household.
3 Checks Write a check to pay for goods and services or to get cash. CHECK a written order instructing your bank to pay money to someone or an entity. Make regular deposits into the account.
4 To open a checking account Visit the financial institution of your choice to speak with a customer service agent about opening a checking account. Bring with you: Two forms of Identification (including one with a picture) Social Security Number Money for your first deposit (cash or check) Be prepared to fill out information on a signature card that will remain on file at the bank. The bank uses the card to verify the signature on checks that bear your name. Signature cards typically include: Your name Current address and length of time at the address Previous address and length of time at that address Type of account (single, joint) Your signature Once your account is approved, make your first deposit.
5 2. How do I put money in my account?
6 Deposit Slip Deposit slip A written order instructing your bank to put funds into your account. You can use a deposit slip to put money into your account. Cash Checks written to you Money orders Endorse or sign any check that had been made payable to you before you deposit it. Special section On back of check
7 Deposit Slip Deposit slips vary from bank to bank. Here's an example:
8 To fill out a deposit slip List the amount of money that you want to deposit. Most slips have a separate line for cash and checks. Cash: $30.00 Check: $ (Remember to endorse check) Enter the subtotal. In this example, $ is the subtotal. Enter any amount you want back. In this case, 0. Next enter the Total. In this case, $ Sign the deposit slip if required. Some require signature only with cash back. You give the deposit slip and money to the bank teller. Or, you can make deposits using an ATM if you have an ATM card. You'll learn about using an ATM later in this lesson.
9 Practice Use the following information to complete the practice deposit slip on your Assignment #1: Checking Accounts Open, Manage, and Reconcile $35.00 Cash $ Check $20.00 Check And you want $50.00 cash back from the deposit
10 Online deposit Many banks allow online deposits online by uploading a picture of the check you wish to deposit. Mobile deposit is used to describe this type of deposit, which is most commonly made with a mobile device. A special app may be required. Check with your bank to see if this is an option. The bank may charge an additional fee for mobile deposits. Always ask before using.
11 3. How do I get my money out of my account?
12 Getting checks for a checking account When you open a checking account, the bank assigns you a unique account number. The bank will provide temporary checks until you order permanent ones. You can order checks from the bank or order from a company. Plain checks are usually cheaper than those with fancy designs. Checks with carbon copies are usually more expensive than single checks. Three sets of numbers will be printed on the bottom of each permanent check: Bank s routing number Your account number Check number Your checking account number is important as you make deposits to and withdrawals from your account. The routing number identifies your bank in the world s banking world.
13 Writing a check Checks are convenient when you don't want to carry around a lot of cash or when you need to pay bills through the mail. Take a few minutes to review the parts of a check:
14 To write a check Enter the date at the top of the check. Write the name of the company or person you are paying in the Pay to the order of line. At the end of the Pay to the order of line, write the number amount of the check. For example, $25.00 or $ On the dollars line, write the check amount in words. This confirms the number amount. For example, Forty-eight and 28/100. Write the cents as a fraction. Dollars is already printed on the check so do not write it. If there is any blank space after you write in the amount, draw a line out to the end (stopping before the word Dollars so no one can add to the amount. For example, Forty-eight and 28/ Dollars. Write your signature on the line at the lower right corner of your check. In the Memo or For section in the bottom left corner, write what the check is for. For example, "jeans for John" or May 2014 rent."
15 Practice Using the following information, complete the sample check on your Assignment#1: Checking accounts Open, Manage, and Reconcile: It is July 23 rd and you have just bought a new computer from Computers R Us. You owe Computers R Us $1,489.37
16 Online checking Today many banks allow you to write electronic checks to make purchases. Check with your bank to see if this is an option for your checking account and if there are any fees associated with this service.
17 Withdrawal Slip A withdrawal slip is a written order to your bank instructing it to withdraw funds from your account. Withdrawal slips vary from bank to bank. Here's an example:
18 To fill out a withdrawal slip List the amount of money that you want to withdraw. For example, $ Sign the withdrawal slip. Take the slip to a teller at your bank. Or, you may withdraw money using an ATM.
19 Practice Use the following information to complete the practice withdrawal slip on Assignment #1: Checking Accounts Open, Manage, and Reconcile: Withdraw $ from your account. Your account number is
20 4. ATM and Debit Cards ATM stands for Automated Teller Machine. An account, an ATM card, and a Personal Identification Number are required. PIN (usually 4 digits). PIN and password required for online banking services. Safeguard PIN and passwords. ATMs are convenient because they are available 24 hours a day at different locations. An ATM card looks like a credit card. Because it is linked to your bank account(s), you can use it to get cash, deposit funds, and check account balances at an ATM A debit card combines the functions of an ATM card and a check. It can be used like a check to make purchases and pay bills. Most banks issue a combination ATM/debit card. A credit card linked to your credit card account may be used at an ATM.
21 5. Balance a checking account The most basic and important aspect of checking account management is KEEPING enough money in your account to cover ALL your transactions at the time you make them. Keeping your account in good standing is your responsibility. You will use a checking account ledger to ensure that you do not overdraw your account. The checking account ledger is where you record ALL deposits, record ALL withdrawals, and keep a running account balance. REMEMBER to write down online transactions and debit card transactions.
22 Practice Use the following information to complete the practice withdrawal slip on Assignment #1: Checking Accounts Open, Manage, and Reconcile: July 23 - Opening deposit $ July 25 - Deposit birthday money $ July 30 - Check #101 to Computers R Us $ August 2 - Electronic deposit $45.13 August 7 - Deposit $ August 8 - Debit card used for gas at convenience store $47.83 August 9 - ATM withdrawal $25.00
23 6. Reconcile a checking account You should check your account ledger against a bank statement on a regular basis. This should be done at least once a month. Compare your ledger with a bank statement mailed from the bank or by comparing your ledger with your account online. Write down in your ledger any transactions that are on your statement that you forgot to write down or did not know about. Some checking accounts have fees associated with them. You must subtract those fees in your ledger. Write down on the bank reconciliation statement the deposits, debit transactions, and checks in your ledger but that did not print on the statement. These are outstanding transactions. Using the form that comes with your statement, calculate the adjusted ledger balance and the statement adjusted balance. These two should match. If there continues to be a difference between your ledger balance and the adjusted bank statement balance, you should contact the bank immediately.
Learn 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
Checking 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
What 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
Basic Banking. 2) Money that a bank allows you to borrow and pay back with interest
Basic Banking When choosing a bank, you should look for a bank that offers the type of accounts and services you are looking for. You might look for convenience of branch locations, great customer service,
Introductions. 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
Welcome. 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
Checking 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
Standard 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
Standard 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
Checking 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
Savings 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
Checking 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
Checking 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
Checking 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,
Purpose of a Checking Account- Money is deposited into an account and checks or drafts can be written to withdraw money from the account.
CHAPTER 9 CHECKING ACCOUNTS AND BANKING SERVICES Purpose of a Checking Account- Money is deposited into an account and checks or drafts can be written to withdraw money from the account. Demand Deposit-
Participant Guide Building: Knowledge, Security, Confidence FDIC Financial Education Curriculum
Check It Out Building: Knowledge, Security, Confidence FDIC Financial Education Curriculum TABLE OF CONTENTS Page Determining Your Checking Account Needs 1 Checking Account Fees 2 Practice Exercise: Choosing
Unit 2 The Basic Accounting Cycle
Unit 2 The Basic Accounting Cycle Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 7 Chapter 8 Chapter 9 Business Transactions and the Accounting Equation Transactions That Affect Assets, Liabilities, and
Computing Your 4-1 Total Checking Account Deposit deposit automated teller machine (ATM), personal identification number (PIN).
4-1 Computing Your Total Checking Account Deposit A deposit is a sum of money you put into your bank account. When you visit the bank, you use a deposit slip to record the exact amounts of currency, coins,
Getting 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
Checking 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
Tips on Managing Your Checking Account
Tips on Managing Your Checking Account How to Successfully Manage Your Checking Account By Liberty Check Printers Credit Union members have access to one of the most powerful checking account management
lesson 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.
Chapter 9. Checking Accounts and Other Banking Services
Chapter 9 Checking Accounts and Other Banking Services Checking Account Basics Checking Account - An account that allows depositors to write checks to make payments. Check - A written order to a bank to
Banking 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
Accounting for Cash. College Accounting. Heintz & Parry CASH INTERNAL CONTROL OPENING A CHECKING ACCOUNT
Heintz & Parry 0 th Edition Chapter 0 th Edition College Accounting Accounting for Cash CASH INTERNAL CONTROL Includes: Currency, coins, and checking accounts Checks received from customers Money orders
lesson six banking services overheads
lesson six banking services overheads beware of these high-cost financial services pawn shops charge very high interest for loans based on the value of tangible assets (such as jewellery or other valuable
FINANCIAL/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
Checking Account Unit FINANCIAL LITERACY
Checking Account Unit FINANCIAL LITERACY Kentucky Core Content Financial Management practices (e.g. maintaining bank accounts, budgeting, saving, using credit cards wisely, financing large purchases) are
MBTeam Banking. Personal Banking Checking Basics
MBTeam Banking Personal Banking Checking Basics What is a Checking Account? A checking account allows you to write checks or use a debit card to pay bills and buy goods. Benefits of a Checking Account
MODULE 27 Describe how to open a checking account, balance a checkbook, and apply for a loan.
Student name: Date: MODULE 27 Describe how to open a checking account, balance a checkbook, and apply for a loan. Objectives: A. Describe how to open a checking account. B. Demonstrate how to balance a
Using 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
Name: Date : Period:
Checking Account Vocabulary Check An order to pay money from your checking account to a person or company. Deposit Deposit Slip Putting money into a bank account A paper that you fill out which tells you
Checking Account and Debit Card Simulation
Checking Account and Debit Card Simulation Student Assessment Get Ready to Take Charge of Your Finances Family Economics & Financial Education April 2006 Get Ready to Take Charge of Your Finances Checking
How to Manage Your Checking Account
CHAPTER 3 How to Manage Your Checking Account Activity: Individual 25 MINUTES Materials: One activity sheet and one calculator per student Objective: The purpose of this activity is for students to demonstrate
Checking 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
How 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
AV 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: [email protected] Time Allotment: 2 weeks Grade: 8, 9 or 10
Learn to Manage Your Checking Account and Protect Your Money
Managing Your Checking Account Learn to Manage Your Checking Account and Protect Your Money Benefits of Your Checking Account Maintaining your TFCU share draft (checking) account responsibly and accurately
Student Activities. Lesson Six. Banking Services 07/10
Student Activities $ Lesson Six Banking Services 07/10 name: date: choosing a checking account name of bank: branch information Branch nearest your home: Branch nearest your work: Number of branches: number
Share 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
Part I: Checks and Checking Concepts
Part I: Checks and Checking Concepts Managing a checking account is an easy, step-by-step process that anyone can learn. In spite of the rise of ATM, debit and credit cards, direct deposit, automatic bill
Uneasy about getting started? Not to worry. SageLink Credit Union has trained employees to help you every step of the way.
Checking If you re like most young adults, you spend a lot of time thinking about money. How to get money? What to spend your money on? Where to keep your money in between? A MoneyLink Checking account
Instructor 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
Learning about. Checking. Accounts WHAT YOU NEED TO KNOW. 2010 Deluxe Corp. All Right Reserved.
Learning about Checking Accounts WHAT YOU NEED TO KNOW 2010 Deluxe Corp. All Right Reserved. Contents Learn About Checking Accounts................................3 Write a Check....................................................4
Checking 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
keeping a running balance
keeping a running balance Record checks, a check card payment, an ATM transaction and a deposit in the checkbook register below. Include the date, description, and amount of each entry. Calculate the balance.
Location 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
Table of Contents... 1. Money Smart... 2. Check It Out... 3. Determine Your Checking Account Needs... 4. Checking Account Fees...
$ Table of Contents Table of Contents... 1 Money Smart... 2 Check It Out... 3 Determine Your Checking Account Needs... 4 Checking Account Fees... 5 Types of Checking Accounts... 7 Choosing a Checking Account...
Banking Basics: Choosing a Bank
1 Banking Basics: Choosing a Bank Opening a bank account is an important step in managing your money. Every bank in New York is required to offer a basic bank account with a low minimum balance of 25 or
Presentation Slides. Lesson Six. Banking Services 04/09
Presentation Slides $ Lesson Six Banking Services 04/09 beware of these high-cost financial services pawn shops charge very high interest for loans based on the value of tangible assets (such as jewelry
BANK 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
ABCs OF IBC. ibc.com A GUIDE TO MANAGE YOUR ACCOUNT TW 8/14
ABCs OF IBC A GUIDE TO MANAGE YOUR ACCOUNT ibc.com TW 8/14 Banking is as Easy as IBC Congratulations on opening your new IBC checking account. A checking account is a convenient way to manage your finances.
Banking Procedures. Online Resources CHAPTER 5
CHAPTER 5 Banking Procedures Getty Images/PhotoDisc C hapter 5 discusses banking activities for consumers and banking in the United States. Many benefits and services for consumers are available from financial
Teacher's Guide. Lesson Six. Banking Services 04/09
Teacher's Guide $ Lesson Six Banking Services 04/09 banking services websites Students will make wise choices about their banking services once they understand such fundamentals as: selecting and managing
keeping a running balance answer key
keeping a running balance answer key record deposits and keep a running balance in the checkbook register below. 1. On May 26, your balance is $527.96. 2. On May 27, you write check #107 to your landlord,
BANKING BASICS WHY YOU WANT TO KEEP YOUR MONEY IN THE BANK
BANKING BASICS WHY YOU WANT TO KEEP YOUR MONEY IN THE BANK REASONS TO KEEP MONEY IN A BANK Why keep your money in a bank? Safety Convenience Cost Security Financial Future BENEFITS OF CHECKING ACCOUNTS
CHECKING ACCOUNTS. published by AAA Fair Credit Foundation
CHECKING ACCOUNTS published by AAA Fair Credit Foundation Checking Accounts 1. What is a checking account?................................................... 2 2. Opening a checking account...................................................
lesson six banking services supplemental materials 04/09
lesson six banking services supplemental materials 04/09 banking terms account Money deposited with a financial institution for investment and/or safekeeping purposes. assets Items of monetary value (e.g.,
Your Checking Account
Your Checking Account What You Need to Know Getting Started Staying in Balance Practice Examples Provided by Farmers & Merchants Union Bank Contents Learn About Checking Accounts 1 How to Write a Check
Option 1 Teacher Information Page 1 Teacher Information
Option 1 Teacher Information Page 1 Teacher Information FINANCIAL INSTITUTIONS 1. Ask students where they keep their money. Discuss with them the three most common financial institutions in which the majority
Why 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
Student Take Home Guide. Money Smart. Check It Out
Student Take Home Guide Money Smart Check It Out Table of Contents Table of Contents...1 Money Smart...2 Check It Out...3 Determine Your Checking Account Needs...4 Checking Account Fees...5 Types of Checking
CHECKING 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
lesson six banking services overheads
lesson six banking services overheads beware of these high-cost financial services pawn shops charge very high interest for loans based on the value of tangible assets (such as jewelry or other valuable
Personal Financial Literacy: Checking
Personal Financial Literacy: Checking Overview In this lesson, students will learn the benefits of checking accounts, as well as precautions one must take with these accounts. They will practice using
Unit 5: Banking Options
Read Chapter 5 in the text. Unit 5: Banking Options Read this unit including websites. Suggestions: you may want to write down some key points. This information will be very basic for some of you. For
MOUNTAIN VIEW SCHOOL DISTRICT
MOUNTAIN VIEW SCHOOL DISTRICT COMPUTERIZED ACCOUNTING I Curriculum Content Frameworks 0 Curriculum Content Frameworks COMPUTERIZED ACCOUNTING I Grade Levels: 0,, Course Code: 900 Prerequisite: Tech Prep
Vocabulary 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.
CHECKING BASICS101. 701.255.0042 www.capcu.org
CHECKING BASICS101 701.255.0042 www.capcu.org This book is intended as a general guide to the topics discussed, and it does not deliver accounting, personal finance, or legal advice. It is not intended,
Welcome! 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
Checking Account Simulations
Checking Account Simulations ADVANTAGES AND DISADVANTAGES OF A CHECKING ACCOUNT Even though you have already opened an account, you need to be aware of the advantages and the disadvantages of using a checking
Accounting. Chapter 6
Accounting Chapter 6 Lesson 6-1 Money is referred to as cash in accounting Check Checking account When open a checking account sign a signature card for all people who are allowed to sign checks Deposit
Checking Account Workbook. By:
Checking Account Workbook By: Opening a checking account: One of the safest and easiest ways to manage your money is through a checking account. When you open a checking account make sure you have the
FDIC Money Smart Financial Education Program
Check it Out Use this tip sheet to help you in the process of selecting, opening, and maintaining a checking account. This tip sheet covers the following topics: Determining your checking account needs
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
Introduction to Savings and Checking Accounts
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
Choosing 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
Savings & 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
After completing this chapter, you will be able to: Checking Accounts: Budgeting
Chapter 29 Checking Accounts After completing this chapter, you will be able to: Section 29.1 The Basics of Checking Accounts Discuss the different types of checking accounts and how they work. Discuss
Your new checking account
Your new checking account Getting started guide The information in this disclosure may not be entirely accessible to screen readers. Please call the Phone Bank at 1-800-TO-WELLS if you would like to obtain
Write Checks the Right Way
Write Checks the Right Way Guide G-220 Revised by Fahzy Abdul-Rahman 1 Cooperative Extension Service College of Agricultural, Consumer and Environmental Sciences CHECKS VS. OTHER PAYMENT METHODS Checks
Anytime 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
I m ready to make the switch.
I m ready to make the switch. We make it easy 4 simple steps. This switch kit has all the forms you need to transfer your checking accounts to Salem Five. Just fill it out, print, sign and return. 1. OPEN
www.ffcu4u.com SWITCH KIT The Quick and Easy Way to Make the Switch Of Your Financial Accounts BENEFITS:
www.ffcu4u.com SWITCH KIT The Quick and Easy Way to Make the Switch Of Your Financial Accounts BENEFITS: 24,000 Fee Free ATM s Free Debit Cards Free CU24 Internet Banking Free Online Bill Pay Free Call
Agenda. Lecture Chapter 9 Quiz Chapter 8 Exercises & Problem Chapter 8. Objective. Cash Receipts. Cash Receipts, Payments, & Banking Procedures
Cash Receipts, Payments, & Banking Procedures Agenda Lecture Chapter 9 Quiz Chapter 8 Exercises & Problem Chapter 8 Cash Receipts, Payments, & Banking Procedures Objective Cash Receipts 1.cash receipts
Account a service provided by a bank allowing a customer s money to be handled and tracks money coming in and going out of the account.
Account a service provided by a bank allowing a customer s money to be handled and tracks money coming in and going out of the account. Account fee the amount charged by a financial institution for the
2. 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
BANK 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
Personal Banking 101 Interested in learning about how to manage your money? Personal Banking 101 will help you understand the financial fundamentals.
Personal Banking 101 Interested in learning about how to manage your money? Personal Banking 101 will help you understand the financial fundamentals. Checking Account If you need a safe place to keep your
Make the right move.. and let A.J. Smith Federal Savings Bank... Make it Easy for You!
Make the right move.. and let A.J. Smith Federal Savings Bank... Make it Easy for You! Make the right move Switch your checking account to A. J. Smith Federal Savings Bank! We know that switching your
Switching 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
Controlling and Reporting Cash
Controlling and Reporting Cash Essential Principles for Safeguarding Cash and Reporting It On Financial Statements Gregory Mostyn, CPA Worthy and James Publishing www.worthyjames.com Controlling and Reporting