Bank are not only places in which to save money or to (5) _________ your financial business, but also institutions from which people can (6) _________ money. Every day, people look to banks for loans, such as _________ for new homes. A loan is essentially a contract that binds the lender to a schedule of payments, so both parties should be (8) _________ and not enter into the arrangement without thinking. Banks will look at such factor as how much people have saved toward (9) _________ in determining whether to make a loan.
Banks have difference kinds of accounts. Some pay high quarterly (10) _________. Some accounts even severely (11) _________ the number of times, if any, that you can access your account, or the amount of cash you can (12) _________.
Today, electronic banking can be used to check the (13) _________ on an account, or to see if automatic (14) _________ have been made. This can all be done from your or office computer . When you go to the bank, be sure to bring identification. Usually a bank will only (15) _________ a photo ID; a (16) _________ is not a valid ID.
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