Banking Basics

3. allows customers to complete basic transactions without the aid of a teller
5. borrowed money that must be paid back, often with extra cost
6. a loan used to buy real estate, paid back over time with interest
8. a card that withdraws money directly from your checking account for purchases
12. restricts access to the funds until the maturity date of the invetsment
15. a written order directing a bank to pay a specific amount of money
16. Card a card that allows you to borrow money up to a limit to make purchases

1. allows your employer to deposit your earning electronically into your bank account
2. the act of taking money out of your bank account
4. the cost of borrowing money or the earnings from money deposited in a bank
7. a basic type of bank account that allows you to deposit money, keep it safe, transfer money to a checking account, and/or withdraw funds, all while earning interest
9. when you spend more money than is in your account
10. a charge by the bank for services
11. a government agency that protects bank deposits up to a certain limit
13. a unique number assigned to your account for identification
14. a monthly record from a bank showing all transactions