Professional Documents
Culture Documents
02D
Definition
A full-service financial institution that offers a variety of services A financial institution that provides loans and mortgages to customers who hold a saving acount A nonprofit financial cooperative owned by its members A licensed institution that specializes in investing. One that is insured---as by Federal Deposit Insurance Corporation (FDIC), Savings Association Insurance Fund (SAIF), or Natioanl Credit Union Administration (NCUA) to protect deposits of clients
Savings account Retirement plan account Share account Share certificate account Share draft account Bond Certificate of deposit Mutual fund Real estate investment Stock Credit card Loan Mortgage Financial counseling Safe-deposit box
Definition
Using computer networks to make electronic funds transfers among accounts The ability to obtain money from ones accounts quickly and easily The place where a purchase is made and money is electronically moved A unique number kept secured and used to access an account and perform transactions A computer terminal used to transact business with a financial institution Arrangement for electronically depositing pay/benefits directly into an account Arrangement for electronically withdrawing funds from an account to pay bills Card storing pre-paid amounts of money to use when making purchases
Cashiers check Certified check Money order Travelers check Debit card Credit card Open-end credit
Closed-end credit