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Your Checking Your Checking AccountAccount

Senior AdvisorySenior Advisory

January/February 2012January/February 2012

Everyone get a Checking Account booklet and write your name on the upper right corner

Open Your Account – Open Your Account – pg 2pg 2

Always sign your checks the same way Always sign your checks the same way you sign the sign the Signature Cardyou sign the sign the Signature Card

Always use ink, pencil can be erasedAlways use ink, pencil can be erased Write clearly and neatlyWrite clearly and neatly Be sure all figures are legibleBe sure all figures are legible If you make a mistake, do not white out, If you make a mistake, do not white out,

write void in large letters on the front of write void in large letters on the front of the documents and writ another one.the documents and writ another one.

When using your checking When using your checking account remember the account remember the above…….above…….

Deposit Slip pg 2Deposit Slip pg 2

Three Types of Three Types of Endorsements pg 5Endorsements pg 5

Keep track of every transactionKeep track of every transaction Write it in your register or on your Write it in your register or on your

computer programcomputer program Keep ATM and POS receipts until you Keep ATM and POS receipts until you

record themrecord them Reconcile your checkbook monthlyReconcile your checkbook monthly

Notes About Notes About Checkbook RecordsCheckbook Records

Please review the following slides with classPlease review the following slides with class Note the specific columns and what should be recorded Note the specific columns and what should be recorded

where.where.

Touch –Tone BankingTouch –Tone Banking Check balance, activity, and transfersCheck balance, activity, and transfers

Direct DepositDirect Deposit Your paycheck goes directly into accountYour paycheck goes directly into account

ATM – Automatic Teller MachineATM – Automatic Teller Machine Can get cash as well as other banking tasksCan get cash as well as other banking tasks

Automatic Payments Automatic Payments Pay bills automatically each monthPay bills automatically each month

Internet BankingInternet Banking Full access to your account and can do many Full access to your account and can do many

thingsthings Debit Cards Debit Cards

Used like a credit card, money comes out of Used like a credit card, money comes out of accountaccount

2121stst Century Banking Century Banking p. 10p. 10

Complete the month of March as a Complete the month of March as a group, individually or in small groupsgroup, individually or in small groups

Turn to page P8 (flip book over and Turn to page P8 (flip book over and around)around)

Beginning Balance is $201.76 (place on Beginning Balance is $201.76 (place on upper right of Page P9)upper right of Page P9)

Optional ActivityOptional Activity