Banking Crossword

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Across
  1. 5. Retirement savings plans for public school employees and members of tax-exempt organizations
  2. 6. An individual retirement account that has tax advantages and benefits to encourage long term saving with taxes on future withdrawals
  3. 7. Individual guarantees that the money will be available in their account when the check is cashed by its recipient
  4. 10. A financial institution where one can deposit, withdraw, and borrow money
  5. 14. An individual retirement account that has tax advantages and benefits to encourage long term saving with tax and penalty free future withdrawals
  6. 15. Someone who works at a bank where they manage deposits and withdrawals
  7. 16. An account where you can deposit and withdraw money for daily use
  8. 18. An account where you can deposit money and earn minimal interest
Down
  1. 1. Qualified tuition plans sponsored by states, state agencies, or educational institutions to encourage saving for future education with tax advantages
  2. 2. Issued by a bank to an individual who has agreed to deposit their money for a predetermined length of time in return for higher interest
  3. 3. A retirement account sponsored by one’s company where employees can contribute income (that their employers may match)
  4. 4. Check Checks issued by one’s bank for personal use
  5. 8. A plastic card issued by a bank or other financial institution which enables its holder to borrow money in order to pay for goods and services “on credit”
  6. 9. A plastic card issued by a bank or other financial institution which enables its holder to transfer money from their account to another account
  7. 11. A financial cooperative created, owned, and operated by members that provide the same services as banks, but are exempt from the same taxes
  8. 12. An automatic teller machine where people can deposit and withdraw money
  9. 13. A financial institution that handles all transactions online
  10. 17. Financial institution guarantees that the money will be available in the holder’s account when the check is cashed by its recipient