Banking

Front

People who are unbanked are most likely to...

Back

Have a low income

Front

What does overdraft protection allow you to do?

Back

Allows you to withdraw more money than you have in your account

Front

Which of the following is TRUE about banks and credit unions?

Back

Banks are for-profit institutions, while credit unions are non-profit

Front

What is NOT required to open a checking account?

Back

Minimum age requirement

Front

What feature is the LEAST important for a college student to look for in a checking account?

Back

High interest rates

Front

Which of the following is FALSE about check registers?

Back

They are no longer necessary with online banking

Front

What is a typical overdraft fee?

Back

$25

Front

How can you protect your checking account when using online and mobile banking?

Back

All of the above

Front

How can a bank reorder 4 checks written today to maximize your fees?

Back

Process the largest check first

Front

Why is understanding a bank's fees particularly important for students or young adults?

Back

They are more likely to have a low income