Checking Accounts

  • What is a Checking Account?: An account held by a bank or a credit union that allows the account holder to deposit or withdraw cash easily.

    • What is a Credit Union?: a non-profit financial cooperatives owned by their members, and are designed to serve the community rather then generate profit.

  • Ways to put money into your checking account:

    • Make a cash deposit at your bank'

    • deposit a check at your bank

    • use an ATM to deposit your money

    • make a mobile deposit

    • Use direct deposit

    • transfer money from another account

  • Ways to take money out of your checking account:

    • ATM withdrawal using a debit card

    • visit a bank teller to make a withdrawal

    • make a purchase using a debit card

    • write a check

    • use online bill pay

    • transfer money to another account

  • Characteristics

    • little to no interest

    • easy to withdrawal

    • easy to deposit