Test your knowledge about banking before you go through the lesson. The questions may have more than one right answer. Select all that apply. This is not a graded assignment, but it is still an important learning tool.
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What is the name of the organization that insures financial institutions in case of failure?
Which of the following financial institutions are insured if they fail?
Which of the following is a good reason to use a bank?
Which of the following might the bank want to see and/or verify before you can open a checking account?
Which of the following would you normally do on a monthly basis to maintain a checking account?
What is the main difference between checking and savings accounts?
What banking services may be offered with some deposit accounts?
With online banking, you can access your accounts at any time to: