Across
- 2. A bank product that earns interest on a lump-sum deposit that's untouched for a predetermined period of time
- 5. Original amount of money saved or invested
- 8. _____ _________ Alert: A notification that lets you know if the balance in your checking account goes below a set amount
- 9. Money you put into your account
- 10. Allows a person to manage a bank account holder's funds through actions such as withdrawing or depositing money, viewing account balances, etc.
- 11. A monthly fee that some banks charge to provide access to checking or savings accounts
- 12. A card that allows the holder to make purchases without cash by borrowing money
- 15. A monthly document prepared by your financial institution which shows all of the transactions related to your account
- 17. A certain amount of money that must be kept in an account as required by that particular financial institution
- 18. A fee charged to your account when it lacks the funds to cover a withdrawal, but the bank allows the transaction to go through anyway
Down
- 1. A card that is directly connected to your checking account; it enables you to conduct ATM transactions and to make purchases instead of using cash or writing a check
- 2. Reinvesting earned interest back into the principal, so that interest is calculated on both the initial amount and the accumulated interest
- 3. The amount of money you have in your bank account
- 4. _______ ________ Savings Account: A type of savings account that may allow debit card and check writing privileges
- 6. Protection provided by the Federal Deposit Insurance Corporation; protects the deposits of customers against loss up to $250,000 per account
- 7. Money set aside for unanticipated expenses or loss of income
- 13. A fee paid to you for keeping your money in an account OR a fee charged to you for a loan or credit card
- 14. To sign the back of a check made out to you so it can be cashed or deposited
- 16. A written, dated, and signed order to the bank that tells it to pay a definite sum of money to a payee
