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Choosing the Right Bank

Authored by Christian Roxburgh

Social Studies

12th Grade

Used 4+ times

Choosing the Right Bank
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8 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is the likely purpose of the cartoon?

To promote banking services

To entertain with a joke

To criticize banking practices

To inform about bank policies

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is a common service provided by financial institutions that involves lending money for property purchase?

Credit cards

Mortgages

Savings accounts

Insurance policies

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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FDIC: This is money the bank will give to you if something happens to the bank.

What is the maximum amount insured by the FDIC at COMMUNITY banks?

$100,000

$250,000

$500,000

$1,000,000

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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Which of the following is NOT a characteristic of credit unions?

Non-Profit

Base success on members' success

High-interest rates on loans

Use "leftovers" to benefit members

5.

OPEN ENDED QUESTION

3 mins • 1 pt

Media Image

What is your opinion on Banks?

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6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which of the following is NOT a type of bank from the Notes?

National Banks

Community Banks

Online Banks

Credit Unions

Piggy Bank

7.

OPEN ENDED QUESTION

3 mins • 1 pt

Media Image

Which Bank would you choose to leave your money in and why?

Must tell me one reason why you chose this bank.

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OFF

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