How to read your statement

Learn how to read a bank account statement by dragging the magnifying glass over each item in this sample.


An interactive magnifying glass
As you use the red dot to drag the magnifying glass over the bank statement, the elements are explained here.








Each month, you should compare your records to the bank’s records to make sure that they match.
Drag the magnifying glass up/down to see more
This is the name and address of the financial institution.









Each month, you should compare your records to the bank’s records to make sure that they match.
This is the period of time covered by this statement.









Each month, you should compare your records to the bank’s records to make sure that they match.
This number identifies the account covered by this statement.









Each month, you should compare your records to the bank’s records to make sure that they match.
This is the account balance according to the bank on the closing date of this statement.









Each month, you should compare your records to the bank’s records to make sure that they match.
This section lists the deposits made during the statement period.









Each month, you should compare your records to the bank’s records to make sure that they match.
This column describes how each deposit was made.









Each month, you should compare your records to the bank’s records to make sure that they match.
This column lists the amount of each deposit and the total of all deposits.









Each month, you should compare your records to the bank’s records to make sure that they match.
This section lists any checks that were processed by the bank during the statement period, including each check number, date, and amount.







Each month, you should compare your records to the bank’s records to make sure that they match.
This section lists other withdrawals such as debit card purchases and other electronic payments.








Each month, you should compare your records to the bank’s records to make sure that they match.
Do your records and the bank’s records match? You need to check once a month. Click the Next button to learn how.
Many banks offer online statements. This is convenient, cuts paper waste, and helps the environment. Ask your bank.
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