T/F - ATM cards and Smart Cards withdraw money from a checking account.

T/F - The writer of a check is called the payee.

T/F - Some checking accounts pay interest and require a minimum balance.

T/F - A certificate of deposit (CD) allows you to withdraw your money at any time without penalty.

T/F - U.S. savings bonds pay a guaranteed rate of interest as long as the bond is held until maturity.

T/F - With a post-dated check, the bank is instructed not to honor a check you lost.

T/F - Relationship banking is one way to reduce your costs of banking services while maximizing your value.

T/F - Floating a check is a common consumer practice that makes effective use of a checking account.

T/F - The FDIC insures all types of deposits; checking, saving, money market, and CDs.