Financial Institutions

What is owned by stockholders and operated for profit?

• Commercial Bank

• Mutual Savings Bank

• Credit Union

• savings and loan association

A US government agency that protects customers by insuring their deposits. It also supervises financial institutions.

• aflac

• ATM

• FDIC

• EFT

A terminal used to transact business with a financial institutions

• EFT

• ATM

• FDIC

• NCUA

The NCUA is....

• an organization that grants federal charters and supervises credit unions

• An organization that supervises commercial banks

• A mutual savings bank

• A way to make a deposit

The letters FDIC stands for 

• Federal Deposit Insurance Corporation
• Federal Deposit Interest Company
• Future Demand In Computers

A credit union is comprised of the following type of members

• all of one gender
• belong to same community
• belong or is affiliated to a certain industry
• all a from the same State

Which one is not a service of a bank/credit union.

• savings account
• issue credit cards
• checking account
• store credit

The most common type of bank accounts

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

This institution requires you to be a member

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

Which financial institution is insured by NCUA?

• commercial banks
• credit unions
• savings and loans