Banking Glossary
Dealing with second chance banking and ChexSystems issues can be confusing. Bankers use lots of lingo (probably to try to confuse us!). Don’t let them beat you. Here’s the most comprehensive glossary of banking and ChexSystems terms available.
A
- ABA Number
- ATM
- ATM Access Fee
- ATM Surcharge
- ATM Surcharge
B
- Bank
- Bank Holding Company
- Bank Routing Number
- Bank Wire
- Bill Presentment
- Bounce Protection
C
- Cashiers Check
- Check Cashing Fee
- Check Clearing
- Check Hold
- Check Hold
- Check Kiting
- Check System
- Chex Systems
- ChexSystems
- ChexSystems Website Information
- Community Bank
- Consumer Credit Counseling Service
- Consumer Reporting Agencies
- Correspondent Bank
- Credit Insurance
- Credit Report
- Credit Score
D
- Debit Card
- Decoupled Debit Card
- Demand Deposit
- Deposit
- Direct Deposit
E
- E-Check
- EFT
- Electronic Check Presentment
F
- Fair Credit Billing Act
- Fair Credit Reporting Act (FCRA)
- FDIC
- Fed
- Federal Deposit Insurance Corporation
- Federal Discount Rate
- Federal Reserve
- Free Annual Credit Report
G
- Garnishment
- Gift Card
H
- Health Savings Account
- Home Equity Line of Credit
- Home Equity Loan
I
- Independent Bank
- Internet Bank
L
- Late charge
- Late Payment
- Late Payment Fee
- Lien
- Lifeline Account
- Lifeline Account
- Loan Origination
M
- MasterCard
- Medical Savings Account
- Member Bank
- Merged Credit Report
- Minimum Average Balance to Avoid Fees
- Minimum Balance to Open an Account
- Minimum Payment
- Money Market Account
- Money Market Deposit Account
- Mortgage
- Mortgage Banker
- Mortgage Broker
N
- National Bank
- National Credit Union Association
- National Do Not Call Registry
- Negotiable Order of Withdrawal Account
- Net Income
- Niche Banks
- NSF Fee
O
- Office of the Comptroller of the Currency
- Office of Thrift Supervision
- Offline Debit Card
- Online Banking
- Online Bill Payment
- Online Debit Card
- Overdraft
- Overdraft Protection
P
- Prepaid Card
R
- Returned Check Charge
S
- SCAN
- Second Chance Bank
- Shared Check Authorization Network
T
- TeleCheck