(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.
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If a person makes a deposit of $10,000 or more into a bank account, the bank must notify the...
Automatic transfers from checking accounts to savings accounts or vice versa, includes online bill pay, and online deposit
Check Cashing Store
DO NOT CASH YOUR CHECKS HERE..... THE STORE WILL CHARGE YOU A FEE!!!!
Debit Card
Lenders discriminate and refuse loans to people based on where they live
directly tied to your checking account,
and the money is immediately taken out of your checking account when you make
purchases on the card.
Privately owned, profit focused, best for convenience
Redlining
Loans
The bank will charge you a fee
A type of loan where the borrower does NOT offer any collateral to the bank
Banks use savings account deposits to:
Direct Deposit for paychecks
Insures Banks
Unsecured or Non-Collateralized Loans
insures
member/
commercial bank deposits up
to $250,000.
Owned by customers, local, best for basic account needs
Banks give us these to buy a home, car...etc.
creditor who provides a short term loan to the borrower with a HIGH INTEREST RATE
Charging interest on the loans.
A type of loan where the borrower offers something pledged as security for repayment of a loan
Overdraft Fees
a loan that you pay a certain
amount of money every month. This has the same interest rate!
Online Banking
a home loan where the interest rate MAY CHANGE.
Secured or Collateralized Loans
FDIC
Payday Lender
Banks earn money by
it is an electronic funds transfer and your money is available to you immediately.
Adjustable Rate Mortgage
Allows you to transfer money from your checking and savings accounts, this can be done from anywhere
Fixed Mortgage Rate
Credit Unions
Electronic Funds Transfer
Certificate of Deposit
Installment Loan
a home loan where the interest rate stays the SAME.
If you STOP PAYMENT on a check you have written....
Banks
a service you can get through your bank, you must be eligible. It will automatically transfer money from one
account to the another
so you can make a purchase.
US Treasury Department
FDIC (Federal Deposit Insurance Corporation)
Give loans to consumers and businesses.
Savings certificate with
a fixed interest rate
; issued by a bank; you have to pay a fee if
you withdraw money
before maturity
The consequences of insufficient funds when a customers does not have overdraft protections