MANAGEING YOUR CHECKING ACCOUNT
Obtaining and using a checking account involves several activities.
OPENING A CHECKING ACCOUNT Frist, decide the owner of the account. Only one person is allowed to write checks on an individual account. A joint account has two or more owners. Both an individual account and a joint account require a signature card. This document is a record of the official signatures of the person or person authorized to write checks on the account.
MAKING DEPOSITS A deposit ticket is used for adding funds to your checking account. On this document, you list the amounts of cash and checks being deposited. Each checks you deposit requires an endorsement – your account. The three common endorsement forms are: