Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
Modules 108-110 Review Part 3
Test Description: Modules 108-110 Review Part 3
Instructions: Answer all questions to get your test result.
1) Anyone can cash a paycheck at a credit union.
A
True
B
False
2) Savings accounts are offered at both a credit union and at a bank.
A
True
B
False
3) The insurance coverage for a failed bank is up to $250,000 per depositor.
A
False
B
True
4) Deposits at federally chartered credit unions and state chartered credit unions are always insured by the same federal agency.
A
False
B
True
5) People must purchase one share of a commercial bank before they can become customers.
A
True
B
False
6) Over 25% of U.S. households surveyed by the FDIC are either unbanked or underbanked.
A
True
B
False
7) A credit union is operated on a for-profit basis.
A
False
B
True
8) Without using a bank or credit union, it costs money to cash a paycheck.
A
True
B
False
9) The Federal Deposit Insurance Corporation insures credit union deposits if the credit union fails.
A
False
B
True
10) Both the Federal Deposit Insurance Corporation and the National Credit Union Share Insurance Fund insure deposits up to $250,000.
A
True
B
False
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?