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Checking Out Depository Institutions Vocab

Authored by Alexandra Gonzales

Other

7th - 12th Grade

Used 18+ times

Checking Out Depository Institutions Vocab
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12 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is a depository institute?

Bank or credit union

Another phrase for checking account

Business that offers and sells financial services

Another phrase for debit card

2.

OPEN ENDED QUESTION

1 min • Ungraded

What is a credit union?

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3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

When you put you debit card in an ATM you will need your...

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which savings tool gains the least amount of interest?

Certificate of deposit

Mutual Fund

Savings Account

Credit Card

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which savings requires you to leave the money in the account for a specified amount of time?

Money Market Account

Savings Account

Certificate of Deposit

Debit Account

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A debit card is directly linked to your...

Savings Account

Credit Account

Checking Account

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Money gained on a savings tool like a CD or Money Market Account comes from...

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