Financial Institutions
Checking
Check Writing
Credit Unions
Other
100
This is a business which offers multiple services in banking and finance
What is a financial institution
100
This card allows you to make purchases and have the money automatically withdrawn from your checking account.
What is Debit Card
100
You should always write your checks using this utencil
What is a pen
100
This is a savings account at a credit union
What is a share account
100
Ownership in a corporation represented by shares
What is Stock
200
Name at least two services offered at a financial institution
What is Checking and Savings Accounts
200
This term means to take money out of your account.
What is Withdraw
200
If the amount of a check is in question, the teller will look at this spot to determine the amount to pay
What is the written dollar amount
200
This is a checking account at a credit union
What is a share draft account
200
A commitment of money to achieve long term financial goals
What is Investment
300
True or false; your money is protected in a bank up to a specified amount
What is True
300
This machine allows you to check your balance and withdraw money using a debit card.
What is an ATM
300
This endorsement turns a check into cash
What is a Blank Endorsement
300
This is a certificate of deposit at a credit union
What is a Share Certificate Account
300
Borrowed money consumers apply for at financial institutions
What is Loan
400
This financial institution is for profit
What is a commercial bank
400
This phrase is used when you overdraw your account (go over your balance)
What is Bouncing a Check
400
This term means to add money to your account
What is deposit
400
The phrase used to identify who can belong to a credit union
What is membership requirements
400
A long term loan to purchase real estate such as a house
What is Mortgage
500
This is a type of financial institution that is not for profit.
What is a credit union
500
The only financial institution allowed to offer non-interest paying checking accounts
What is a Commercial Bank
500
It is essential to record all checking account transactions in this
What is a checking Register
500
True or False: You earn interest on your checking account at most credit unions.
What is True
500
A secured box in a bank to be used for valuable and important personal items
What is a Safe Deposit Box
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