| A | B |
|---|
| Depository | Earns money by accepting deposits from customers. |
| Non-depository | Earns money by selling specific services such as policies, investments, etc. |
| Endorsement | Allows payee to cash the check. |
| Blank Endorsement | Endorser's name only anyone can cash the check. |
| Restrictive Endorsement | For Deposit Only - limits use of the check |
| Bank Reconciliation | Document that shows how the two balances agree. |
| Outstanding Check | Checks that have not been deducted from the bank statement balance. |
| FED | The Federal Reserve System |
| Payee | The person to whom the check is written. |
| Drawee | The financial institution that pays the check. |
| Routing Number | The number banks use to process the check. |
| Account Number | Customer's ID number, helps to efficiently process checks. |
