Three people use a financial institution in different ways.
- Mia puts $100 into her savings account.
- Connor takes out a $500 loan.
- Elise takes $40 out of her checking account.

Who is borrowing money from the financial institution?

Xavier has $175 in his bank account. He earns $50 and puts the $50 into the account.
Xavier makes a _____, which _____ the amount of money in his account.

Which words correctly complete the sentence?

Lena puts part of her earnings into an account at a credit union. Her brother, Mateo, receives money from the credit union that he must repay later.
Which statement correctly describes how they are using the credit union?

A credit union holds Maya's savings and pays her $6 in interest. The same credit union gives Leo a $700 loan to buy equipment for his business.
Which statement is true?

A credit union lends $800 to Mateo so he can buy equipment for his new business. Mateo agrees to pay the money back over time.
Which statement correctly explains who owes money and who is the lender?

Jamal wants to keep money at a bank for a future goal. His money can earn interest while it stays in the account.
What type of account should Jamal use?

Rosa has an account that she uses for everyday spending. She can use a debit card or write checks to pay for things using money in the account.
What type of account does Rosa have?

Ethan earns $25 doing yard work. He puts the $25 into his bank account.
What is putting money into a bank account called?

Lily has money in her savings account. She takes $40 out of the account to buy a birthday gift.
What is taking money out of a bank account called?

After making a deposit and buying some supplies, Caleb has $175 left in his bank account.
What is the amount of money in Caleb's account called?

Naomi pays for groceries using a card that takes money directly from her checking account.
What type of card is Naomi using?

Diego wants to buy equipment for his cleaning business but does not have enough money. A bank lends him money that he agrees to pay back.
What is the money Diego borrows called?

Mia borrows money from a bank to buy a car. She agrees to repay the money over time.
What is Mia called because she borrowed the money?

Jordan wants to buy tools for a repair business, so he gets a loan from a bank.
The bank is the _____, and Jordan is the _____.

Which words correctly complete the sentence?

Tessa earned $240 from doing jobs in her neighborhood. She does not want to keep all the money at home.
Which is a purpose of a financial institution that could help Tessa?

Malcolm needs $600 to buy equipment for a small business. He does not have enough money saved, so he goes to a bank.
How can the bank help Malcolm?

Avery keeps money in a savings account. At the end of the year, the bank adds $12 to her account for keeping her money there.
What is the $12 added by the bank called?