1. Banking

2. Why banks?  Security: FDIC (Federal Deposit Insurance Commission), insured up to $250,000  Convenience- access your money almost anywhere  Saving and investment purposes

3. What to consider when deciding on a bank  Member of the FDIC  Location  Size  Fees  Personal use/preferences  Wealth and worth  Deposits

4. What do I need to apply for a bank account?  Opening deposit  Identification  Contact information

5. What are some common bank fees?  Maintenance fees  Not sufficient Funds (NSF)  Check-printing fees  Automated Teller Machine (ATM)  Overdraft fees  Stop payment fees  Early withdrawal fees  Low-balance checking accounts