Banking/Financial Institutions

Typically a not-for-profit institution

• Credit Unions
• Commercial banks
• Capital investments
• CD's & DDA's

The most common type of bank accounts

• CD's and DDA's
• Mutual Funds
• Money market accounts
• Savings & Checking accounts

The most common & safest financial institution

• savings & loan
• commercial bank
• federal depoisitory
• CD's & DDA's

How do banks help businesses?

• making loans
• issuing credit cards
• sharing profits
• issuing insurance

Consumers can borrow money from banks to

• get a credit card
• raise capital
• purchase a home or pay for college
• save money

This institution only provides savings and mortgage loans

• Banks
• Payday Loan Company
• Savings and Loans
• Credit Unions

This institution requires you to be a member

• Banks
• Credit Unions
• Savings and Loans
• Payday Loan Company

Banks provide which of the following

• debit cards
• loans
• check writing services
• all of the above

Which financial institution is insured by NCUA?

• commercial banks
• credit unions
• savings and loans

Which financial institution offer loans such as mortgages and auto loans?

• commercial banks
• credit unions
• savings and loans
• all of them