Bank Statement Review

To sign the back of a check means to:

• endorse

• receive

• write

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To take money out of your account means:

• deposit

• withdraw

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To put money into your account means:

• withdraw

• deposit

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When you withdraw money, your balance:

• increases

• decreases

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When you deposit money, your balance:

• increases

• decreases

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When you pay your bills, your account balance:

• increases

• decreases

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Which is an example of a bill someone would pay monthly?

• Rent

• groceries

• new clothes

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An ____ machine allows a person to withdraw money from their account without going to a bank.

• Debit

• Credit

• ATM

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What is the name of the four-digit number that allows you to access money from your bank account?

• Social Security Number

• PIN Number

• Phone Number

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Why do banks block out part of your account number on bank statements?

• To keep you a person guessing.

• To maintain privacy and make sure no one accidentally gets your information.

• It is usually a mistake.

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