WorksheetsOpening A Checking Account
Total questions: 20
Worksheet time: 11mins
When choosing a bank, don't worry about the location.
True
False
All banks are open for the same hours.
True
False
Credit Unions are open to everyone who wants one.
True
False
A bank insured by the FDIC will offer lower rates on car loans.
True
False
If you build a relationship with a bank, the bank will be more likely to loan you money in the future.
True
False
Money Deposited in a bank insured by the FDIC is insured by the federal government against theft or loss.
True
False
By law, all banks must charge the same fees for checking accounts and ATMs.
True
False
Credit Unions are non-profit groups.
True
False
FDIC stands for ___________.
Federal Deposit Insurance Corporation
Fedarel Deposit Insurance Corportion
Federal Diposit Insurance Corporation
Federal Deposit Insurince Corporation
Federal Deposit Insurance Cooperation
When opening a new bank account you should ask yourself __________.
(Multiple Correct Answers)
How much money will I need to open the account?
Is there a minimum amount of money that must be kept in the accout?
Is the bank teller going to be nice to me?
Is the bank near a McDonalds?
When opening a new bank account you should ask yourself __________.
(Multiple Correct Answers)
Does the account pay interest?
Is there a charge for writing checks?
Do I need to wear a tie to go into the bank?
What is the weather going to be like?
When opening a new bank account you should ask yourself __________.
(Multiple Correct Answers)
What is the charge for a bounced check?
Can I use a debit card with this account?
Do I need to wear a tie to go into the bank?
What is the weather going to be like?
When opening a new bank account you should ask yourself __________.
(Multiple Correct Answers)
What is the charge for a bounced check?
Can I use a debit card with this account?
How much money I will need to open the account?
Does the account pay interest?
Is there a minumum amount of money that must be kept in the account at all times?
You should try to find an account that has _____________.
a free debit card
free coffee
lollipops
a cute mascot
You should try to find an account that has _____________.
free online bill pay
free soda
attractive employees
a Mulberry Tree outside to sit under
An account ledger is where you __________.
record what you wrote checks for
sit and watch the sunset
act like the Joker
add money to your account
A bank statement __________.
shows all of your account activity
shows all of your deposits
shows all of your withdrawals
shows all of your darkest secrets
If you don't keep a good check register you could_________.
Be overdrawn.
pay fines.
Bounce a check.
Not be able to cover your necessary expenses.
You should mail cash to pay your bills.
True
False
Depends.
What happened on 7/5?
a paycheck was deposited
check #164 was written
nothing
the balance went up
