An electronic machine that bank customers and credit union members can use to withdraw cash and make other financial transactions.

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Presentation transcript:

An electronic machine that bank customers and credit union members can use to withdraw cash and make other financial transactions.

 The deposit of wages or other income directly into a customer’s bank account.

A state or federally chartered, for-profit business owned by stockholders that provides savings accounts, checking accounts, and other financial services to its customers.

 An institution that cashes checks immediately for a fee.

 A bank or credit union account that allows withdrawals by writing a check.

A plastic card authorizing the delivery of goods and services in exchange for future payment with interest.

state or federally chartered, not-for- profit financial cooperative that provides financial services to its member- owners who have met specific requirements.

A plastic card used to deduct a purchase amount directly from your checking account; also called a check card.

 The different kinds of services provided by financial institutions such as banks, credit unions, insurance companies and other similar businesses.

 Any business providing financial services.

A company that guarantees compensation for specific forms of loss, damage, injury, or death.

 A business that participates in buying and selling stocks, corporate bonds and government bonds.

 The process of moving money from one account to another account.

 A company that makes loans for purchase of a house or other real estate.

 The process allowing customers to make financial transactions on a secure web site operated by their financial institution; also called internet banking.

 A description of what happens when a withdrawal (check, ATM, etc. ) is greater than the amount of money in a checking account.

 A checking account feature that provides an automatic loan from their financial institution to cover overdrafts.

 A protection location in a secure bank vault where individuals can store valuables for a small fee.

 An interest-bearing account at a financial institution.

 Individuals and companies who buy and sell stocks for investors.