{ Your Checking Account Senior Advisory January/February 2012 Everyone get a Checking Account booklet and write your name on the upper right corner.

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Presentation transcript:

{ Your Checking Account Senior Advisory January/February 2012 Everyone get a Checking Account booklet and write your name on the upper right corner

Open Your Account – pg 2

 Always sign your checks the same way you sign the sign the Signature Card  Always use ink, pencil can be erased  Write clearly and neatly  Be sure all figures are legible  If you make a mistake, do not white out, write void in large letters on the front of the documents and writ another one. When using your checking account remember the above…….

Deposit Slip pg 2

Three Types of Endorsements pg 5

 Keep track of every transaction  Write it in your register or on your computer program  Keep ATM and POS receipts until you record them  Reconcile your checkbook monthly Notes About Checkbook Records

 Please review the following slides with class  Note the specific columns and what should be recorded where.

 Touch –Tone Banking  Check balance, activity, and transfers  Direct Deposit  Your paycheck goes directly into account  ATM – Automatic Teller Machine  Can get cash as well as other banking tasks  Automatic Payments  Pay bills automatically each month  Internet Banking  Full access to your account and can do many things  Debit Cards  Used like a credit card, money comes out of account 21 st Century Banking p. 10

 Complete the month of March as a group, individually or in small groups  Turn to page P8 (flip book over and around)  Beginning Balance is $ (place on upper right of Page P9) Optional Activity