A key difference between commercial banks and credit unions is that
Money and Banking

Flashcard
•
Other
•
10th Grade
•
Hard
Quizizz Content
FREE Resource
Student preview

35 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Back
Commercial banks are ‘for‐profit’ and credit unions are ‘not‐for‐profit’.
2.
FLASHCARD QUESTION
Front
Common fees that may be charged by a depository institution include all EXCEPT: Overdraft fee, ATM fee, Minimum Balance fee
Back
Late fee
3.
FLASHCARD QUESTION
Front
A machine that allows individuals to complete certain transactions from the machine without human assistance
Back
ATM
4.
FLASHCARD QUESTION
Front
An account that allows quick access to funds for transactions
Back
checking account
5.
FLASHCARD QUESTION
Front
Depository institution owned by and operated for the benefit of its customers
Back
Credit Union
6.
FLASHCARD QUESTION
Front
A plastic card that can only be used at an ATM for banking transactions and not at point of sale
Back
ATM card
7.
FLASHCARD QUESTION
Front
A plastic card that can be used at an ATM or at a point of sale "POS" that immediately takes money from your depository account
Back
Debit Card
Create a free account and access millions of resources
Similar Resources on Wayground
30 questions
Savings and Investment Test

Flashcard
•
11th Grade
30 questions
Unit 2: Checking & Linear Functions Review

Flashcard
•
9th - 12th Grade
26 questions
Banking

Flashcard
•
9th - 12th Grade
25 questions
Wise Financial Literacy Test Prep (Part 2 of 4)

Flashcard
•
9th - 12th Grade
30 questions
Banking

Flashcard
•
9th - 12th Grade
32 questions
EverFi Financial Literacy Lesson 1: Banking Basics

Flashcard
•
10th - 12th Grade
25 questions
Banking Transactions

Flashcard
•
11th Grade
34 questions
Personal Finance - Depository Institutions

Flashcard
•
11th Grade
Popular Resources on Wayground
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade