Post on 05-Jan-2016
Banks in theCommunity
Brought to you by Metro Bank
Table of Contents
Who Uses Banks?2
Depositing Money4
Withdrawing Money5
Keeping Money Safe6
Counting Coins9
Borrowing Money10
1
Many communities have banks.
Drive-Thru
People can go inside the bank or stay in their car and use the drive through.
2
When people earn money for the work they do, they deposit, or place, it in the bank.
Who Uses Banks?
3
Children can keep their money safe in the bank, too.
4
When people put their money in a bank, it is called a deposit.
Depositing Money
5
When people take their money out of a bank, it is called a withdrawal.
Withdrawling Money
6
The bank keeps the money safe in a vault.
Door to the vault
Keeping Money Safe
7
Some people take important papers or items to the bank and put them in a safe deposit box.
The boxes come out so people can put things in them.
Lock
The safe deposit boxes can be different sizes.
8
A coin collector might keep his collection in a safe deposit box.
9
Some banks help people count their coins with a machine.
Counting Coins
People sometimes borrow money from the bank. A loan is money borrowed from a bank.
10
Borrowing Money
They use this money, or loan, to buy a car or a house.
11
Businesses borrow money from the bank, too.
12
They can use this money to open new stores.
13
Banks are important places in our community.
14
15
GlossaryBank – a place of business that lends, exchanges, takes care of, or issues money
Borrow – to use money from someone else with a promise to pay it back
Community – an area in which people live
Deposit – money put into the bank
Earn – get money for doing work
Loan – money people borrow from the bank
16
Money – something used to pay for goods or services
Safe Deposit Box – a box kept in a vault and used by just one person
Vault – an area of a bank that keeps money safe
Withdrawal – money taken out of the bank