kinds of deposit accounts

At which of these can you open a federally insured account?

• Bank

• Credit Union

• Brokerage

Which of these is owned by its customers?

• Bank

• Credit Union

• Brokerage

At which of these can you open an account that earns interest?

• Bank

• Credit Union

• Brokerage

Which of these accounts will be fully refunded by the federal government if the bank goes out of business?

• A checking account with $200,000 in it

• A checking account with $100,000 in it

• A checking account with $300,000 in it

• A checking account with $1,000,000 in it

You can write a check against which of these accounts?

• A checking account

• A savings account

• A certificate of deposit

• A mutual fund

You can take your money out any time you want from which of these accounts?

• A checking account

• A savings account

• A certificate of deposit

• A mutual fund

You earn interest on which of these accounts?

• A checking account

• A savings account

• A certificate of deposit

• A mutual fund

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CCSS.5.NBT.A.2

You have FDIC insurance on which of these accounts?

• A checking account

• A savings account

• A certificate of deposit

• A mutual fund

Which of these are requirements for a certified financial advisor

• They have training teaching them how stocks and bonds work

• They must give you advice that is in your best interest

• You must pay them for their services

• There are no legal requirements for financial advisors

Which of these are requirements for a fiduciary?

• They have training teaching them how stocks and bonds work

• They must give you advice that is in your best interest

• You must pay them for their services

• There are no legal requirements for financial advisors