1. Banking: Introduction
  2. Banking: Why Use a Bank?
  3. Banking: How to Choose a Bank
  4. Banking: Check-Writing 101
  5. Banking: Making Deposits
  6. Banking: Debit Cards and ATMs
  7. Banking: Managing Your Checking Account
  8. Banking: Savings Accounts 101
  9. Banking: Basic Banking Precautions and Safeguards
  10. Banking: Online and Mobile Banking Precautions and Safeguards
  11. Banking: Conclusion

Whether you're new to the United States, a teenager or young adult opening an account for the first time, or you just want a better understanding of one of the main places to stash your money and start building wealth, this tutorial will tell you everything you need to know about how checking and savings accounts work, whether you're using an online-only bank or one that also has brick-and-mortar branches. 

To get started with banking, you'll need to decide which bank you want to use and open an account. In this tutorial, we'll tell you how to take these first steps. But first, let's answer the question that many people who are unfamiliar with banking ask: Why use a bank?


Banking: Why Use a Bank?
Related Articles
  1. Investing

    A Guide to Bank Accounts

    Find out which type of bank account suits your specific needs.
  2. Personal Finance

    Protect Your Savings From Their Greatest Threat - You

    Watch your savings magically grow as you make withdrawals a headache and deposits a breeze.
  3. Personal Finance

    7 More Things Your Banker Doesn't Want You To Know

    Your banker is not your friend, and the more you know about their motives, the better you can protect your money.
  4. Tech

    The Pros And Cons Of Internet Banks

    Learn how internet banking services stack up against their brick-and-mortar peers. Find out what internet banks have to offer and where they fall short.
  5. Personal Finance

    Handling High-Yield Savings Accounts

    Is this the savings route for you? Read on to find out what these accounts have to offer.
  6. Personal Finance

    eBank or Brick-and-Mortar Bank?

    The bank type that makes the most sense for you depends on the services you need. The best choice could be both.
  7. Personal Finance

    Your 9-Point Checklist for Selecting an Online Bank

    When selecting the right online bank for you, rates are not the most important factor.
  8. Personal Finance

    5 Ways To Start Saving Today

    If you have no idea how to start saving your money, we list a few easy ways to start today.
  9. Personal Finance

    These Savings Accounts Have the Highest Interest Rates

    Don't expect interest from a bank savings account to make you rich. You can do better, however, than the paltry 0.08% average paid in 2015.
  10. Investing

    Women: Invest In Your Financial Literacy

    Learning about money may seem intimidating, but it's not as hard as it looks.
Frequently Asked Questions
  1. Is there a maximum amount of stock an individual investor or corporation can purchase?

    The short answer is that there is no limit to the number of shares one entity may own in a specific company. The long answer ...
  2. Why don't stocks begin trading at the previous day's closing price?

    Between the closing bell and the next opening bell, a number of factors can affect the attractiveness of a particular stock ...
  3. What is the relationship between oil prices and inflation?

    Understand how the price of oil and inflation are often seen as being connected in a cause and effect relationship.
  4. What is the difference between a logarithmic price scale and a linear one?

    The interpretation of a stock chart can vary among different traders depending on the type of price scale used when viewing ...
Trading Center