an independent agency created by the federal government to protect bank customers by insuring their deposits

a non profit financial cooperative owned by and operated for the benefit of its members; services offered only to its members

the movement of money electronically from one financial institution to another

service offered by most banks and credit unions that requires a Personal Identification Number (PIN) to check account balances, make cash withdrawals and deposits, and move money from one account to another.

also called a check card, allows you to make purchases by swiping your card through a point of sale(POS) terminal that is usually located at the merchant’s checkout counter

a card issued by a bank that allows the holder to check account balances, withdraw and deposit cash, and transfer money from one account to another using an ATM

a check written for an amount greater than the balance of the account

a request for a financial institution to refuse to honor a check you wrote or a check that has been lost or stolen, as long as the check has not cleared your account and already been paid

a special type of check that the bank guarantees to pay; paid with cash withdrawn from your account

a personal check that your bank certifies is genuine and that there is enough money in your account to cover the check

a payment order for a specific amount of money payable to a specific payee; useful for those who do not have checking accounts to send money safely

a special form of check that functions as cash; can be cashed at many places around the world; unused checks can be redeemed for cash; useful if traveling and do not want to carry large amounts of money

Examples of this is CashApp and Paypal

a written order for the bank to pay a specific amount to a person whom the item is written