click below
click below
Normal Size Small Size show me how
Checking Accounts
| Term | Definition |
|---|---|
| Federal Reserve | the central banking system of the United States |
| Credit Union | a bank that is privately owned and controlled by its members |
| Routing Number | the first range of numbers in the series of numbers at the bottom of a check |
| ATM | a bank machine that gives out cash from your account and accepts deposits |
| Check | a debit against your checking account written on a paper form |
| Debit Card | a card that is directly attached to a checking account |
| Direct Deposit | an automatic deposit of a paycheck |
| Overdrafts | amounts withdrawn from your account beyond the money the account holds |