Question

traditionally specializing in savings accounts and mortgage loans, a ____ now also offer checking accounts and investment services. most debit card __ do not hold you responsible for stolen funds. all checks must have the __ of the payee before it can be deposited to your account. a __ is a savings alternative in which money is left on deposit for a stated period of time to earn a specific rate of return. a cash card that allows you to withdraw money or pay for purchases from your checking or savings account is called a __. a/an __ computer terminal that allows a withdrawal of cash from an account. an automatic deposit of net pay to an employees designated bank account is made through ____.

Explanation:

1. Savings - and - loan associations traditionally focus on savings accounts and mortgage loans but have expanded services.
2. Debit card policies typically protect cardholders from stolen funds.
3. Checks need the payee's endorsement for deposit.
4. A certificate of deposit is a time - based savings product.
5. A debit card allows access to checking or savings account funds.
6. An automated teller machine (ATM) enables cash withdrawals.
7. Direct deposit is used for automatic net - pay deposits.

Answer:

1. Savings - and - loan association
2. Policies
3. Endorsement
4. Certificate of deposit
5. Debit card
6. Automated teller machine (ATM)
7. Direct deposit