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