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Instructions for using this template. Remember this is Jeopardy, so where I have written Answer this is the prompt the students will see, and where I.
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Presentation transcript:

Instructions for using this template. Remember this is Jeopardy, so where I have written “Answer” this is the prompt the students will see, and where I have “Question” should be the student’s response. To enter your questions and answers, click once on the text on the slide, then highlight and just type over what’s there to replace it. If you hit Delete or Backspace, it sometimes makes the text box disappear. When clicking on the slide to move to the next appropriate slide, be sure you see the hand, not the arrow. (If you put your cursor over a text box, it will be an arrow and WILL NOT take you to the right location.)

Choose a category. You will be given the answer. You must give the correct question. Click to begin.

Click here for Final Jeopardy

Electronic Banking Signing a Check Checking 10 Point 20 Points 30 Points 40 Points 50 Points 10 Point 20 Points 30 Points 40 Points 50 Points 30 Points 40 Points 50 Points Savings Accounts Banking Terms

A written order of a bank depositor to pay a certain amount on demand to a specific party Banking Terms – 100

What is a check?

Used to add money to a savings account Banking Terms – 200

What is a Deposit Slip?

A depository institution owned by its members and organized for their benefit Banking Terms – 300

What is a credit union?

A depository institution that offers a full range of services such as checking, savings, and lending Banking Terms – 400

What is a commercial bank?

Tells how much a financial institution would pay on $100 for one year Banking Terms – 500

What is annual percentage yield (APY)?

When your paycheck is put into your checking account automatically Electronic Banking– 100

What is direct deposit?

A monthly payment or bill that comes directly out of your account Electronic Banking– 200

What is an automatic payment?

The actual card used to access an ATM machine Electronic Banking– 300

What is a debit card?

A computer terminal that lets you withdraw cash from your account, make deposits, and transfer money from one account to another Electronic Banking– 400

What is an ATM?

Prepaid Cards that you can spend for long- distance calls, store gift certificates, etc. Electronic Banking– 500 Daily Double!

What is a stored value card?

Regular savings accounts are often referred to as this Savings Options– 100

What is Passbook savings or time deposits?

A time deposit that requires you to leave your money in a financial institution for a set period of time (1 month, 3 months, 6 months, 1 year, etc.) If you withdraw before that time, you receive a penalty Savings Options–200

What is a CD (certificate of deposit)?

Like a savings and checking account combined. Pays higher interest but allows check writing. Interest earned fluctuates and high balances are required Savings Options– 300

What is a money market account?

This savings option allows for the federal government to borrow your money in exchange for interest earned Savings Options– 400

What are U.S. Savings Bonds?

Name an advantage to purchasing a certificate of deposit Savings Options– 500

Higher interest rates than regular savings accounts Lower risk What are

The proper term for signature on back of check Signing a Check– 100

What is an endorsement?

The type of endorsement that is just your signature Signing a Check– 200

What is a blank endorsement?

The type of endorsement you use when you send a check through the mail to be deposited Signing a Check– 300

What is a restrictive endorsement?

The type of endorsement you use when you want to transfer a check to another party Signing a Check– 400 Daily Double!

What is a special or full endorsement?

If you are using a special endorsement, this is written on the back of the check Signing a Check– 500

What is: Pay to the order of _________ Your signature

A small booklet that you use to record the activity in your checking account Checking– 100

What is a check register?

A checking account opened with another person is this type of account Checking– 200

What is a joint account?

The number assigned to a specific bank noted at the bottom of checks and deposit slips in magnetic ink characters Checking– 300

What is the ABA number (American Banker’s Association)?

Insures each bank account up to $250,000 Checking– 400

What is the FDIC (Federal Deposit Insurance Corporation)?

Person to whom the check is written Checking– 500

Who is the payee?

Make your wager

The six types of checking transactions listed on bank statements

What are checks, ATM transactions, Deposits, Auto Payments, Service Charges, Interest?