| Question |
Answer |
| Federal Rserve System |
supervise and regulate member banks and to help banks serve the public efficiently |
| Commercial bank |
offer a wide range of financial services |
| credit union |
user owned nonprofit cooperative financial institution |
| FDIC |
federal deposit insurance corporation regulates banks |
| safe deposit boxes |
for storage of valuables |
| service charge |
fee a bank charges for hankling a c hecking account |
| debit card |
used for ATM transactions |
| endorsement |
written evidence that you received payment or you transfered |
| check register |
separate book usually same size has a check book |
| stop payment order |
written notice that tells the bank not to pay a certain check |
mr. charles11
