Banking

Banking

Sources of quick cash and types of financial services - savings - payment services - borrowing - electronic banking services - direct deposit - automatic payments - automatic teller machines ATM fees Lost debit cards - plastic payments point of sale transactions stored value cards electronic cash Types of Saving Plans - Regular savings accounts - certificates of deposit - money market accounts - u.s. savings bonds Evaluating savings plans - - rate of return - compounding - truth in savings - inflation - tax considerations - liquidity - restrictions and fees

Types of Checking accounts - regular checking accounts - activity accounts - interest earning checking accounts

Evaluating checking accounts - restrictions - fees and charges - interest - special services

Using a checking account

- opening a checking account - writing checks - making deposits - check clearing - maintaining a checking account - other payment methods