Chapter 8 Banking Terms

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Across
  1. 2. a bank service charge to protect you from overdraft fees
  2. 3. a company that charges high fees and interest, used by people with no bank accounts
  3. 5. a traditional brick and mortar bank
  4. 6. you have to be a member in order to keep money and get loans from this place.
  5. 7. a booklet or an app used to keep track of your spending and savings
  6. 8. a bank account for everyday use, its tied to your debit card
  7. 9. a bank account offering high interest for a certain length of time
  8. 11. a place where you keep money and get loans
  9. 13. when you compare your spending records with your bank records
  10. 14. a bank account to park your money, it's not meant for everyday use
  11. 15. a corporation backed by the federal government that protects your money in credit unions
  12. 17. a charged you pay when you overspend from your account
  13. 19. a bank with no physical location, everything is done online
Down
  1. 1. a checking account that offers higher interest than a regular checking account
  2. 4. when your employer electronically sends your paycheck to the bank
  3. 8. a type of bank where you have to be a member
  4. 10. a person or family that has limited access to banking services
  5. 12. a corporation backed by the federal government that protects your money in banks
  6. 16. a person or family that has no banking services
  7. 18. a place where you can sell things in exchange for money
  8. 20. refers to how easy it is to convert an asset into cash