Unit 7: Banking

Match it! Select the correct answer from the pull down...Good luck!

Juanita keeps a balance over $1,500 in her checking account. She is interested in a credit/debit card and would like to earn interest on her account. What type of checking account

Manuel only writes a few checks each month, and only maintains a balance of $300. What type of checking account would be best for Manuel?

Zack has endorsed a check by writing вЂњFor deposit onlyвЂќ above his signature. This is a

Holding reserve deposits for its member banks is an example of which role/responsibility of the Federal Reserve?

Andrea just got paid for his part-time job. He owes his landlady money. Which endorsement could he use on his paycheck to let the landlady cash the check to pay his debt?

The amount of a check recorded in the register should be:

Anyone may cash a check that has which endorsement?

The automated clearing house (ACH) uses which technology?