Credit Union Basics
True or False: Only rich people can join a credit union.
What is false?
This is a plan for how to spend and save your money.
What is a budget?
This is what we call the amount of money in your account.
What is a balance?
Why is it smart to build an emergency fund.
What is emergency funds helps avoid financial hardships?
The color of Coast Credit Union
What is green?
People who use a credit union are called this.
What are members?
If you earn $20 and save $5 this is how much you are spending.
What is $15?
This word means putting money into your account.
What is a deposit?
The main benefit of tracking your expenses?
What is tracking helps you stay aware and in control of your spending.
The headquarters of Coastal is located in
What is Raleigh, North Carolina?
This is the main difference between a credit union and a bank.
What is a Credit Union is member owned?
Saving money regularly helps you prepare for this.
What is emergencies or future goals?
This words means taking money out of your account.
What is withdrawal?
The length of time you should for nonessential purchases.
What is one week?
The image that is featured on the logo of coastal.
What is a lighthouse?
This is one benefit of joining a credit union.
What are lower fees or better interest rates?
A savings account is helpful for this reason.
What is growing your money safely overtime.
This is the money a bank pays your for saving.
What is interest?
The age you have to be to open a bank account without a parent.
What is 18 years Old?
The mission statement of Coastal.
What is bank better to live better?
A bank owned and operated by its members providing services like banking and lending.
What is a federal credit union?
Savings, money market deposit accounts, certificates of deposit, and U.S. Savings bonds are types of
What are the four most popular savings options?
ATM stands for
What is Automated Teller Machine?
50% needs, 30% wants, 20% savings and debt is what rule
What is the 50 30 20 rule?
When was coastal founded
What is 1967?