1. Banks in the Community Brought to you by Metro Bank

2. Table of Contents Who Uses Banks?2 Depositing Money4 Withdrawing Money5 Keeping Money Safe6 Counting Coins9 Borrowing Money10

3. 1 Many communities have banks. Drive-Thru People can go inside the bank or stay in their car and use the drive through.

4. 2 When people earn money for the work they do, they deposit, or place, it in the bank. Who Uses Banks?

5. 3 Children can keep their money safe in the bank, too.

6. 4 When people put their money in a bank, it is called a deposit. Depositing Money

7. 5 When people take their money out of a bank, it is called a withdrawal. Withdrawling Money

8. 6 The bank keeps the money safe in a vault. Door to the vault Keeping Money Safe

9. 7 Some people take important papers or items to the bank and put them in a safe deposit box. The boxes come out so people can put things in them. Lock The safe deposit boxes can be different sizes.

10. 8 A coin collector might keep his collection in a safe deposit box.

11. 9 Some banks help people count their coins with a machine. Counting Coins

12. People sometimes borrow money from the bank. A loan is money borrowed from a bank. 10 Borrowing Money

13. They use this money, or loan, to buy a car or a house. 11

14. Businesses borrow money from the bank, too. 12

15. They can use this money to open new stores. 13

16. Banks are important places in our community. 14

17. 15 Glossary Bank – a place of business that lends, exchanges, takes care of, or issues money Borrow – to use money from someone else with a promise to pay it back Community – an area in which people live Deposit – money put into the bank Earn – get money for doing work Loan – money people borrow from the bank

18. 16 Money – something used to pay for goods or services Safe Deposit Box – a box kept in a vault and used by just one person Vault – an area of a bank that keeps money safe Withdrawal – money taken out of the bank