March 15

Whenever a person wants to deposit $10,000 or more into his/her bank account, the law is to notify:

• FDIC

• US Treasury Department

• The Federal Reserve

• The state usury commission

The easiest check to cash has a "blank endorsement"

• true

• false

If you need a new car, you generally get an auto loan from the bank or credit union

• true

• false

Money Market Accounts are not liquid

• true

• false

A collateralized loan is a home or auto loan. This is because the home and the auto are used as the primary asset to secure the loan's repayment

• true

• false

Balancing your checkbook is known as "reconciling"

• true

• false

Certificates of Deposit (CDs) pay low APYs which make them bad investments.

• true

• false

Money Orders are purchased, for a fee, at

• Walmart

• The Post Office

• Walmart and the Post Office

Stocks pay you a dividend

• false

• true

Not all deposited checks are immediately and automatically "cleared" at your bank (your aunt's check for your birthday)

• true

• false