Banking and Finance

Green banking reduces personnel and printing costs for the bank.

• True

• False

Banks are regulated by international, federal, state, and local agencies.

• True

• False

Money center banks are not vulnerable to global market conditions.

• True

• False

Central banks oversee a country’s banking system.

• True

• False

A consumer may view his or her account balances from an ATM.

• True

• False

Banks can reveal their customers’ personal information to other individuals and

businesses.

• True

• False

One reason consumers have bank accounts is to keep their money secure.

• True

• False

The FDIC insures securities sold by a bank

• True

• False

The Federal Reserve Bank is the largest automated clearinghouse in the United States.

• True

• False

Financial transactions are essential for economic growth

• True

• False