© South-Western Educational Publishing Chapter 9 Checking Accounts and Other Banking Services  Checking Accounts  Other Banking Services and Fees.

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© South-Western Educational Publishing Chapter 9 Checking Accounts and Other Banking Services  Checking Accounts  Other Banking Services and Fees

GOALS © South-Western Educational Publishing Lesson 9.1 Checking Accounts      

© South-Western Educational Publishing Checking Account   

 

© South-Western Educational Publishing Opening a Checking Account  

© South-Western Educational Publishing Parts of a Check ARDYS JOHNSON Phone: West 18 th Avenue Chicago, IL SKY CENTRAL BANK Chicago, Illinois PAY TO THE ORDER OF DOLLARS For Classroom Use Only MEMO DATE $ July 1, 20-- Food Mart Thirty-six and 12/100 groceries Ardys Johnson

© South-Western Educational Publishing Using Your Checking Account  Writing checks  Paying bills online  Making deposits  Using a checkbook register

Writing Checks     

Online Banking    

Making Deposits     

Using a Checkbook Register  

© South-Western Educational Publishing Reconciling Your Checking Account 1.Write ending balance from bank statement. 2.Add credits or deposits not on statement. 3.Total lines 1 and 2. 4.Write total outstanding checks/debit transactions. 5.Subtract line 4 from line 3. (Should agree with checkbook balance)

© South-Western Educational Publishing Endorsing Checks   

© South-Western Educational Publishing Types of Checking Accounts     

GOALS © South-Western Educational Publishing Lesson 9.2 Other Banking Services and Fees    

© South-Western Educational Publishing Other Banking Services  Guaranteed-payment checks (certified checks)  Money orders (if you don’t want to use cash/don’t have a checking account – it can’t ever bounce)  Debit cards and bank credit cards  Online banking  ATM’s  Telephone banking  Stop payment orders  Safe deposit boxes  Loans  Financial services

© South-Western Educational Publishing Bank Fees Examples of bank fees       