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What do commercial banks and credit unions have in common?
Both offer checking and savings accounts
Obtain a money order for $75 and mail to her sister
Both offer mortages
Stock
Use a credit card when he shops
Tear up the check and write "VOID" beside that check number in the register
FDIC
Balance her checkbook
What do savings and loans associations and credit unions have in common?
Both offer checking and savings accounts
Obtain a money order for $75 and mail to her sister
Both offer mortages
Stock
Use a credit card when he shops
Tear up the check and write "VOID" beside that check number in the register
FDIC
Balance her checkbook
Jerry is concerned about the safety of his money in a local commercial bank. What insurance program protects his money?
Both offer checking and savings accounts
Obtain a money order for $75 and mail to her sister
Both offer mortages
Stock
Use a credit card when he shops
Tear up the check and write "VOID" beside that check number in the register
FDIC
Balance her checkbook
Roberto purchased shares of ownership in a local commercial bank. What type of investment is this?
Both offer checking and savings accounts
Obtain a money order for $75 and mail to her sister
Both offer mortages
Stock
Use a credit card when he shops
Tear up the check and write "VOID" beside that check number in the register
FDIC
Balance her checkbook
Wanda wrote a check with an incorrect amount. What should she do?
Both offer checking and savings accounts
Obtain a money order for $75 and mail to her sister
Both offer mortages
Stock
Use a credit card when he shops
Tear up the check and write "VOID" beside that check number in the register
FDIC
Balance her checkbook
Warren does not have a personal checking account and does not like to carry cash when he shops. What should he do?
Both offer checking and savings accounts
Obtain a money order for $75 and mail to her sister
Both offer mortages
Stock
Use a credit card when he shops
Tear up the check and write "VOID" beside that check number in the register
FDIC
Balance her checkbook
Jennifer does not have a checking account and needs to send $75 to her sister in another town. What should she do?
Both offer checking and savings accounts
Obtain a money order for $75 and mail to her sister
Both offer mortages
Stock
Use a credit card when he shops
Tear up the check and write "VOID" beside that check number in the register
FDIC
Balance her checkbook
Sherry just received her bank statement in the mail. What should she do?
Both offer checking and savings accounts
Obtain a money order for $75 and mail to her sister
Both offer mortages
Stock
Use a credit card when he shops
Tear up the check and write "VOID" beside that check number in the register
FDIC
Balance her checkbook
Check it!