
CU vs. Banks
Authored by Leah Taylor
Life Skills
12th Grade

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11 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
FDIC insures which for up to $250,000?
Credit Union
Bank
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
NCUA insures which for up to $250,000?
Credit Union
Bank
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is better a Credit Union or a Bank?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is not-for-profit?
Bank
Credit Union
Both
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is for profit?
Bank
Credit Union
Both
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a Credit Union
a profit financial institution owned by shareholders
a profit financial institution owned by members
a not-for-profit financial institution owned by shareholders
a not-for-profit financial institution owned by members
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How are credit unions structured?
Democratically, every member can vote
Only shareholders can vote
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