Intro. to Depository Institutions Assessment

Front

Anyone can open an account at this depository institution.

Back

commercial bank

Front

This type of depository institution offers other financial services.

Back

both

Front

The customers at this type of depository institution are the owners of the institution.

Back

credit union

Front

This type of depository institution is in business to make money.

Back

commercial bank

Front

You must meet certain membership requirements in order to become a member of this type of depository institution.

Back

credit union

Front

You can rent a safe deposit box at this type of financial institution.

Back

both

Front

Your money is insured by the FDIC at this type of financial institution.

Back

commercial bank

Front

Each depositor is insured against loss up to a maximum of $250,000 by the NCUA at this depository institution.

Back

credit union

Front

The FDIC is a federal government agency that insures depository institutions.

Back

true

Front

A depository institution is a safer place to store your money--safer than your mattress.

Back

true