Financial Services

Underbanked means people have a bank account but still rely on _____________ financial services

• positive

• negative

• less

• alternative

What is it called when someone does not have a bank account

• non financial

• non banking

• unbanked

• non protected

When you use a bank, your money is

• protected

• growing

• unprotected

• declining

Banks are less expensive than predatory financial services

• True

• False

Banks and credit unions are safe and

• accessible

• insured

• depreciating

• local

The FDIC and NCUA insure your money up to _________ per account

• $250

• $2500

• $25,000

• $250,000

Banks are insured by

• FDICC

• FDICA

• FDIC

• NCUA

Credit Unions are insured by

• FDICC

• FDICA

• FDIC

• NCUA

What is another name for a retail bank

• credit union

• online bank

• store bank

• traditional bank

Which one requires membership

• traditional bank

• retail bank

• online bank

• credit union