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Banking

Published on Nov 18, 2015

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PRESENTATION OUTLINE

1.

BANK SERVICES

  • Checking account
  • Savings account
  • Online banking
  • Money transfer
Photo by Curtis Gregory Perry
2.

ADVANTAGES

  • Provide security
  • Help you save
  • Help you establish credit
  • Provide convenience
Photo by Nrbelex
3.

CHECKING ACCOUNT

  • Identification
  • Personal info
  • Deposit
  • Not to be listed on chex systems
4.

FEES

  • Monthly service
  • Online bill pay
  • Inactivity fee
  • Too many withdrawals from savings
5.

EFT

  • Electronic fund transfer
  • Using a debit card
  • Electronic bill payment
  • Direct deposit
6.

ADVANTAGES

  • Covinence
  • No waiting in lines
  • Availability
  • Innovation
7.

SAVINGS/INVESTMENTS

  • Bond
  • Stock
  • Mutual fund
  • Money market
8.

COMPOUND INTEREST

  • Interest on the initial principal plus
  • That interest that has already accumulated.
9.

RETIREMENT

  • 401k
  • Pension plan
  • Roth IRA

Pierce Satterfield