Financial Institutions

Quiz
•
Life Skills
•
9th - 12th Grade
•
Hard
Byron Clark
Used 214+ times
FREE Resource
14 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
The Garret family wants to take advantage of their state's
_______________ to pay for their child’s college tuition.
CD
529 plan
Roth IRA
traditional IRA
2.
MULTIPLE SELECT QUESTION
5 mins • 1 pt
Choose two answers.
Jeff wants to open a basic savings account. He should go to which two types of financial institutions to open the account.
a financial services company
a commercial bank
an insurance company
a trust company
a credit union
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Which financial institution is owned by its members?
financial service company
savings and loan association
commercial bank
credit union
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Which financial institution offers high-risk loans?
financial service company
savings and loan association
commercial bank
credit union
5.
MULTIPLE SELECT QUESTION
5 mins • 1 pt
Which financial institutions provides home mortgages?
financial service company
savings and loan association
commercial bank
credit union
6.
MULTIPLE SELECT QUESTION
5 mins • 1 pt
Which financial institutions offers checking accounts?
financial service company
savings and loan association
commercial bank
credit union
7.
MULTIPLE SELECT QUESTION
5 mins • 1 pt
Which two features does a basic savings account have?
allows money
transfers
offers a higher
interest rate
allows ATM
withdrawals
has a maturity date
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