Conklin Unit 1

2. Slip A form you fill out to credit money to your account when you make a deposit.
5. Money you put into your account.
8. Personal Identification Number needed to use an ATM card.
9. Institution A company engaged in the business of dealing with financial and monetary transactions such as deposits, loans, investments and currency exchange.
11. Deposit An automatic deposit of money without having to take a physical check to the bank.
12. A for-profit financial institution for receiving, keeping, and lending money.
15. Transfer Standing arrangement where transfers from one account to another are made on a regular, periodic basis.
16. Deposit An employer deposits each paycheck directly into an employee's account or accounts.
17. Union A nonprofit financial institution that is owned by its members.

1. Insurance Protection provided by the Federal Deposit Insurance Corporation; protects the deposits of customers against loss up to $250,000 per account.
3. Original amount of money saved or invested, separate from interest or earnings.
4. Slip A form you fill out to credit money to your account when you make a deposit.
6. Financial Institution Online only bank or credit union that offers various banking products and services, including checking and savings accounts. There are no physical locations for users to walk into.
7. The amount of money you have in your account.
10. Insurance The U.S. administration insuring deposits in U.S. credit unions against credit union failure up to $250,000 per individual depositor.
13. Deposit A mobile banking tool that allows you to deposit checks to your bank account using your mobile device.
14. Yourself First Saving for the future by putting money aside before paying regular monthly bills or using income for discretionary purchases.
16. Network Refers to ATM machines that are part of a system known as interbank networks that give you more access to take money out of your account with no fees.