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Institutions
Treasury Securities
Risk vs. Return
Securities
Potpourri
100
Type of accounts that only commercial banks offer.
What is a Demand Account (non-interest paying account)?
100
Non-insured investments that pay a return.
What is a Security?
100
The relationship between risk and return (direct or inverse).
What is Direct Relationship?
100
The name of the account offered by credit unions that is almost equivalent to a checking account offered by banks.
What is a Share Draft?
100
Commercial banks, savings and loan association and savings bank are all insured by___.
What is FDIC?
200
A institution that takes funds and lends them to the community in which it operates in.
What is a Community Bank?
200
This factor separates the different types of Treasury Security.
What is the time of the term?
200
What kind of investments are governed by the concept of Risk vs. Return?
All Investments.
200
Up to what dollar amount are checking accounts insured?
$250,000.
200
Insures Credit Unions.
What is NCUA?
300
The most common loans that a Savings & Loan Association makes out to its customers.
What is a Mortgage Loan?
300
The institution that you buy Treasury Securities from.
What is the U.S. Government?
300
Unable to pay their debts.
What is Insolvent?
300
Another name for a savings account.
What is a Time Deposit?
300
Sally had $7,709.45 in her share draft account when her credit union is liquidated. How much of her money is insured?
$7,709.45.
400
If you or a family member live, work, worship, or volunteer in a residential area you are qualified for this institution.
What is a Credit Union?
400
These are the three types of Treasury Securities.
What is are T-Bills, T-Bonds, and T-Notes
400
People who shy away from risk (don't like risk).
What is Risk Averse?
400
Another name for a checking account.
What is a Demand Deposit?
400
A major advantage of a money market deposit account compared to a money market mutual fund?
A MMDA is federally insured.
500
Institution that provides the highest return on an account.
What is a Credit Union?
500
This Treasury security lasts from 1-10 years.
What is a T-Bills?
500
The relationship between and time and rate.
What is longer time increases the interest rate?
500
The account that pays the highest interest rate of any bank account on which checks can be written.
What is Money Market Deposit Account?
500
Johnny Manziel has $240,000 in his checking account with Chase, $590,000 in his money market deposit account at Bank of America and $2.3 million in his savings account at Chase. What is the total dollar amount that Johnny Manziel's money is insured?
$500,000 Explanation- $250,000 from Chase and $250,000 from Bank of America.