Online Banking+Saving

The central banking system in the United States.

• Federal Reserve

• The U.S. Treasury

• The Mint

• First National Bank of the U.S.

What is an ATM used for?

• Withdraw money

• Balance your checkbook

• Order checks

• Write checks

Which of the following services will you NOT be able to access while banking online?

• Withdraw cash

• Transfer funds

• Deposit checks

• Order checks

What is the difference in a bank and a credit union?

• Credit unions are member owned.

• Banks are non-profit

• Credit unions are for profit

• Banks deal with less cash than credit unions.

Who insures bank deposits?

• Federal Deposit Insurance Corporation (FDIC)

• National Credit Union Administration (NCUA)

• Federal Reserve

• U.S. Treasury Department

Who insures credit union deposits?

• Federal Deposit Insurance Corporation (FDIC)

• National Credit Union Administration (NCUA)

• Federal Reserve

• U.S. Treasury

.....is where a fake website is set up to look like your online bank account. It will steal your account number and password.

• Phishing

• Virus

• Worm

• Hacking

When you use an online bank account the data that leaves your computer is usually ....

• Embossed

• Encoded

• Encracked

• Encrypted

ATM stand for.....

• Assisted Training Machine

• Automated Teller Machine

• Assisted Transfer Machine

• Automatic Teller Machine

How is wealth defined?

• How much money you have in your Checking and Saving accounts
• Debts - Assets
• All assets, including money in the bank + retirment
• Assets - Debts