(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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Banks use savings account deposits to:
The bank will charge you a fee
Overdraft Protection
Secured or Collateralized Loans
Debit Card
A type of loan where the borrower offers something pledged as security for repayment of a loan
US Treasury Department
Credit Unions
Installment Loan
If a person makes a deposit of $10,000 or more into a bank account, the bank must notify the...
Insures Banks
A type of loan where the borrower does NOT offer any collateral to the bank
Charging interest on the loans.
FDIC (Federal Deposit Insurance Corporation)
Certificate of Deposit
creditor who provides a short term loan to the borrower with a HIGH INTEREST RATE
Electronic Funds Transfer
Automatic transfers from checking accounts to savings accounts or vice versa, includes online bill pay, and online deposit
Unsecured or Non-Collateralized Loans
Payday Lender
Redlining
The consequences of insufficient funds when a customers does not have overdraft protections
Savings certificate with
a fixed interest rate
; issued by a bank; you have to pay a fee if
you withdraw money
before maturity
Give loans to consumers and businesses.
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.
Overdraft Fees
Owned by customers, local, best for basic account needs
FDIC
Online Banking
Direct Deposit for paychecks
a home loan where the interest rate stays the SAME.
it is an electronic funds transfer and your money is available to you immediately.
Banks
a home loan where the interest rate MAY CHANGE.
Banks give us these to buy a home, car...etc.
Privately owned, profit focused, best for convenience
Lenders discriminate and refuse loans to people based on where they live
Loans
insures
member/
commercial bank deposits up
to $250,000.
If you STOP PAYMENT on a check you have written....
directly tied to your checking account,
and the money is immediately taken out of your checking account when you make
purchases on the card.
Check Cashing Store
DO NOT CASH YOUR CHECKS HERE..... THE STORE WILL CHARGE YOU A FEE!!!!
Adjustable Rate Mortgage
Allows you to transfer money from your checking and savings accounts, this can be done from anywhere
a loan that you pay a certain
amount of money every month. This has the same interest rate!