FDIC, Opening a Checking Account, & PNC Bank Features

If an individual has two retirement accounts, for how much are they insured at an FDIC insured bank?

• $200,000

• $250,000

• $500,000

• $150,000

PNC Virtual Wallet Student has no minimum balance requirement or monthly service charge for _______ years.

• 10

• 6

• 5

• 1

If you are under _______ years old, you need your parent or guardian to open an account at PNC Bank.

• 16

• 15

• 17

• 18

To earn interest on your Reserve or Growth accounts at PNC you need at least $100 in the account.

• True

• False

Overdraft protection is free at PNC Bank.

• True

• False

Overdraft protection will transfer money from your savings to your checking account to cover the overdrawn amount.

• True

• False

A debit card uses the bank's money, and a credit card uses your money.

• True

• False

The FDIC & NCUA are federal agencies that insure individual bank accounts up to

• $500,000

• $100,000

• $25,000

• $250,000

If Beyonce and Jay-Z own a joint savings account at an FDIC insured bank, how much of their money will be insured?

• up to $250,000

• up to $100,000

• up to $500,000

• up to $750,000

What is the annual fee for the credit cards offered at PNC bank?

• $25

• $0

• $30

• $10