Bank Account Comparison Worksheet Answers
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This is a rich resource allowing pupils to understand how a bank account works.
Bank account comparison worksheet answers. Bank a name bank b name savings loan name credit union name. Comparing savings accounts student worksheet names directions. Individually decide which checking account is most appealing to you and mark it at the bottom of your comparison worksheet. To complete this activity youll look at scotts savings accessed from the overview tab.
It must be filed directly with the office of financial crimes enforcement network fincen a bureau of the department of the treasury separate from the irs. Contains the account holders account number and allows money cash or check to be deposited into the correct account located in the back of the checkbook complete a deposit slip to make a deposit deposited amount must be recorded in the checking account register to keep the balance current deposits can be made at an atm or with a. The form 8938 filing requirement does not replace or otherwise affect a taxpayers obligation to file fincen form 114 report of foreign bank and financial accounts. From all this information you can make comparisons.
10 questions to ask in small groups review the poster your bank account. Bank account comparison worksheet features account name account name bank bank yes no yes no fdicncua fdicncua rates fees checks atm debit card other services online banking telephone banking investments trading average minimum balance daily minimum balance required monthly service fee if below minimum balance direct deposit required. In a group of three discuss the features you encountered in your search. Complete the worksheet below to develop your personal guide for evaluating a checking account at your local bank or financial institution.
Lesson plan information sheet worksheet and quiz pencils calculators lesson overview. Please rate my resources i am lagging behind a colleague at work finance money debit credit balance bank game activity calculate. 40 x ks3 maths homework sheets booklet with answers. Welcome to the page about bank related vocabulary.
Read through the open a banking account in 7 east steps article to understand what you need to do. Comparing checking accounts worksheet call or visit the websites of several nearby or convenient financial institutions to learn more about their checking accounts. 100 2 updated resources. Currently this section is in need of worksheet submissions to make it more diverse.
Unlike form 8938 the fbar fincen form 114 is not filed with the irs. Navigate to your chosen banks website and locate the checking account name you choose. Then youll investigate alternative savings accounts on the ways to save tab. In this lesson students will become familiar with the information listed on bank statements and will compare the information listed on a check register in order to reconcile the bank account.
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