Credit Union Membership
What is required for someone to qualify for membership in a credit union? a. A common bond with other members of the credit union b. A minimum deposit of $500 c. A commitment to remain a member for at least a year
a. A common bond with other members of the credit union
Credit Unions were established in the United States to help: a. small business owners b. the poor in urban areas c. stock brokers
b. the poor in urban areas
PAHO/WHO Federal Credit Union was founded in what year? a. 1974 b. 1947 c. 1935
b. 1947
What Government agency insures the money held at a credit union so that it can't be lost in case of a catastrophic vent? a. FDIC b. NCUA c. IRS
b. NCUA
What account is required at a credit union? a. Checking account b. Credit card c. Savings account
c. Savings account
The first credit union in North America was founded in: a. Quebec b. New York City c. Montreal
a. Quebec
French Canadian immigrants help to create the first credit union in what US state? a. Massachusetts b. Maine c. New Hampshire
c. New Hampshire
PAHO/WHO is an acronym for a. People Against Hunger Organization/Washington Housing Organization b. Pan American Health Organization/World Health Organization c. Pan American Hispanic Organization/World Hunger Organization
b. Pan American Health Organization/World Health Organization
It is the lobbying organization that represents credit unions throughout the United States a. CUNA b, America Credit Unions c. National Cooperative Bank
b. America's Credit Union
The group who makeup PAHO/WHO Federal Credit Union are? a. Georgetown University b. PAHO employees c. MedStar employees d. All 3 groups
d. All three groups
Approximately how many members do credit unions have worldwide? a. 2.3 million b. 96 million c. 405 million
c. 405 million
What Government agency insures the money held at a credit union so that it can't be lost in case of a catastrophic vent? a. FDIC b. NCUA c. IRS
a. NCUA
The Mission of PAHO/WHO FCU is to a. Help members of the global health community live healthier and better financial lives b. Provide the financial needs of all its members c. bail members out of debt
a. Help members of the global health community live healthier and better financial lives
This organization provides insurance products for member credit unions a. TruStage b. Progressive c. Gieco
a. TruStage
How many credit unions exist around the world today a. 46,000 b. 152,000 c. 82,000
a. 82,000
For nearly 30 years, she has been serving the underserve and non-citizen immigrant populations on the border between Mexico and the United States A. Yaribeth Hart B. Maria Martinez C. Agelina Lopez
b. Maria Martinez
What is the primary complaint about credit unions from the banking industry? a. unsafe investment in the stock market b. too difficult for bank customers to payoff loans at a credit union c. competition because credit unions offer lower interest rates on loans
c. competition because credit unions offer lower interest rates on loans
They makeup single and combined state organizations a. chapters b. Foundations c. Leagues or Associations
c. Leagues or Associations
At PAHO/WHO FCU a member must maintain a Checking balance of: a. $500 b. $50 c. $0 D. $5.00
c. $0
Credit union exist in how many countries a. 120 b. 98 c. 115
b 98
Credit Unions are Not For Profit, Not for Charity, but for A. Service B. Helping the Little Guy C. Employees
A. Service
PAHO Has local offices in what part of the world a. Mexico & Canada b. Cuba & England c. Peru & Kenya
b. Mexico & Canada
They provide products and service to member credit union a. corporates b. chapters c. vendors
a corporates