| A | B |
|---|
| Commerical bank | A full-service financial institution that offers a variety of services |
| Saving and loan association | A financial institution that provides loans and mortgages to customers who hold a saving account |
| Credit union | A nonprofit financial cooperative owned by its members |
| Brokerage firm | A licensed institution that specializes in investing. |
| Insured financial institution | One that is insured---as by Federal Deposit Insurance Corporation (FDIC) |
| Checking account | Paper checks or debit cards are used to withdraw money deposited into the account to pay for items |
| Savings account | Money is deposited into an account to earn interest |
| Retirement plan account | A plan for saving money for retirement; money tax-deferred until withdrawn |
| Share account | A savings account at a credit union |
| Share certificate account | A certificate of deposit at a credit union |
| Share draft account | A checking account at a credit union |
| Bond | An investment of money in a government or organization |
| Certificate of deposit | An insured interest-earning savings tool with restricted access to funds |
| Mutual fund | Groups of stocks |
| Real estate investment | Purchasing properties as an investment to gain profit |
| Stock | Ownership |
| Credit card | A card used to make a purchases; must be repaid later with interest |
| Loan | Borrowed money |
| Mortgage | A loan to purchase a home or other real estate |
| Financial counseling | Assistance to consumers with specific areas of financial planning |
| Safe-deposit box | A secured box in a bank used by clients for valuable personal items |
| Appendix 4.02D | continued |
