Presentation on theme: "Banking at JA BizTown This is Bank of America in JA BizTown. Two types of banking take place here. personal banking business banking."— Presentation transcript:
Banking at JA BizTown This is Bank of America in JA BizTown. Two types of banking take place here. personal banking business banking
Banking at JA BizTown Personal Banking deposit paychecks make withdrawals open savings account Go inside the bank to do these things.
Banking at JA BizTown Business Banking take loan application and promissory note make business deposits Go to the Business Window to do these things.
Banking at JA BizTown Before you go to the bank for the first time, there are four things you must have ready. 1.your first deposit ticket 2.your first check for $1.50 to open a savings account 3.these two transactions are entered into your checkbook register. 4.endorsed paycheck You complete steps 1, 2, and 3 at school. You endorse your paycheck at JA BizTown.
Banking at JA BizTown Step 1: Your First Deposit Ticket first paycheck amount (salary minus taxes) signature for $2.00 cash back 2 00 Be sure to take out $2.00 in cash.
Banking at JA BizTown CEO, Attorney, Realtor, Insurance Agent, CPA CFOAll Other Workers The right hand side of your deposit ticket should look like the picture below that matches your job.
Banking at JA BizTown Step 2: Your First Check 001
Banking at JA BizTown deposit Bank of America New balance always goes on gray line Step 3: Your Checkbook Register
Banking at JA BizTown deposit Bank of America deposit Bank of America deposit Bank of America CEO, Attorney, Realtor, CPA, Insurance Agent CFO All Other Workers
Banking at JA BizTown Clancy Citizen Dont forget to endorse your paycheck! Step 4: Endorse Your Paycheck at JA BizTown
Banking at JA BizTown Now, you are ready to go to the bank on your first break! In a line outside the bank, someone will double-check your work. If everything is accurate, you will enter the bank between the center columns and wait behind the red line for an available teller.
Banking at JA BizTown Hand the teller your completed deposit ticket your endorsed paycheck Be ready to tell the teller if youd like your cash back in JA BizTown dollar bills or coins. The teller doesnt need your checkbook.
Banking at JA BizTown After you have deposited your first paycheck, you will visit the Savings Officers desk to open a savings account. The Savings Officers desk is on the right wall. After you deposit your paycheck, go to the desk and give the Officer your check for $1.50 to open a savings account. You only do this ONCE during the day on your first break. The Savings Officer will give you a certificate to take to Wells Fargo Advisors where you may invest in stock.
Banking at JA BizTown Where do you spend JA BizTown cash and where do you write a check? Cash Businesses Dental Office St. Louis Childrens Hospital The Smokehouse Market Warehouse Check Businesses AT&T Build-A-Bear Workshop City Hall Just-4-U Monsanto Print Shop St. Louis Sports
Banking at JA BizTown Have fun with money and banking at JA BizTown!