banking

You noticed a mistake: Your own records do not match the bank statement you just received. Which option described the steps you should take to solve this situation? Check all that apply.

-Check my records first to see if the mistake is mine -Call the bank after making sure my records are correct

Sanjay wants an account that will earn interest but still let hum make withdrawls.

Savings

Imagine that you have received an overdraft notice on your checking account. Which steps should you take? Actions to Avoid:

Set the note aside and wait until later

Imagine that you have received an overdraft notice on your checking account. Which steps should you take? Actions to Take:

Settle the matter quickly, Check my records first, and Contact the back right away

Imagine that you are at a bank, ready to open your first bank account. Which actions should you have already taken? Check all that apply.

-decided what kind of account I want -brought along my Social Security card -compared the services that different banks offer, and learned what they charge for them

Neveah has sone money she wants to save until she goes to college in two years. She wants an account that will earn a little more interest.

CD

Becky wants an account that will let her spend money as much and as often as she needs.

Checking

Lupe is ready to open a checking account. What does she need to have when she goes to the bank? Check all that apply

Identification Social Security number Proof of her address Money to deposit

Credit Union

Is owned by its members

Savings and Loan

Specializes in helping homeowners

Retail Bank

Specializes in serving individuals for profit

Commercial Bank

Specializes in serving large businesses