WorksheetsBank, Credit Union, both, neither
Total questions: 11
Worksheet time: 5mins
Which membership is exclusive, or requires something special?
Bank
Credit Union
Both
Neither
Owned by their customers
Bank
Credit Union
Both
Neither
Is a 'depository institution'
Bank
Credit Union
Both
Neither
Has $250,000 dollars worth of insurance in case they lose all their money
Bank
Credit Union
Both
Neither
What organization provides insurance to banks?
NBUA
FDIC
FEDI
NYIC
What organization provides insurance to credit unions?
NBUA
FCUA
NCUA
FDUA
Offers loans, debit cards, and financial services
Bank
Credit Union
Both
Neither
Safe place to store your money
Bank
Credit Union
Both
Neither
Open to anyone over 18
Bank
Credit Union
Both
Neither
You can be charged with an overdraft multiple times in one day
True
False
What describes overdrafts the best?
When you go into the negative amount (deficit) in your bank account
When you go into the negative amount (surplus) in your bank account
When you spend too much money at once
