2.1 EXIT TICKET- Checking Accounts Exit Ticket

First Name

Last Name

Class Period

All of the following are reasons to open a checking account EXCEPT…

• Making it easier to pay bills
• The ability to make purchases with a debit card
• Access to cash at an ATM
• Earn interest on your deposits

Which of the following is usually a benefit of being a member at a credit union?

• Higher interest rates and lower fees
• Lower interest rates and higher fees
• Higher interest rates and higher fees
• Lower interest rates and lower fees

Daisy reads her bank statement and finds an error. She should…

• Do nothing. The bank will correct the error at the end of the month.
• Call the FDIC. She is insured up to $250,000.
• Call the bank. The bank will investigate the transaction to see if it was an error.
• Assume that it’s a transaction that she made and forgot about