Banking and Financial Institutions

Banking and Financial Institutions

9th - 12th Grade

18 Qs

quiz-placeholder

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Banking and Financial Institutions

Banking and Financial Institutions

Assessment

Quiz

Life Skills

9th - 12th Grade

Practice Problem

Medium

Created by

Adrien Young

Used 478+ times

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18 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

an organization that provides services related to money

commercial bank

charter

financial institution

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Examples of these types of banks are Wells Fargo, Chase, and Regions

commercial banks

credit unions

charters

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

license authorizing a bank to operate usually called national banks

charter

FDIC

Savings and Loans association

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

an independent agency created by the federal government to protect bank customers by insuring their deposits

Federal Deposit Insurance Corporation

Financial Depository Insurance Company

Financial Department of Insurance Corporation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Two types includes mutual savings and loan associations and stock savings and loans association

credit unions

savings and loans associations

commercial banks

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a non profit financial cooperative owned by and operated for the benefit of its members; services offered only to its members

credit union

commercial bank

savings and loans associations

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the movement of money electronically from one financial institution to another

electronic funds transfer

electronic financial transitioning

automated teller machine

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