A government-run organization that insures customers' bank deposits up to $250,000 if the bank fails
Banking Vocabulary

Quiz
•
Social Studies
•
9th - 12th Grade
•
Medium
Doug Ramage
Used 3+ times
FREE Resource
21 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
FDIC
INTEREST RATE
DIRECT DEPOSIT
SAVINGS ACCOUNT
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A for-profit financial institution that receives deposits and issues loans
BANK
CREDIT UNION
CREDIT CARD COMPANY
INSURANCE COMPANY
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
An organization that provides financial services to individuals and businesses.
FINANCIAL INSTITUTION
FINANCIAL UNIVERSITY
OFFICE OF THE EXCHEUQER
THE FEDERAL RESERVE
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
An account that allows quick access to funds for transactions
CHECKING ACCOUNT
CERTIFICATE OF DEPOSIT
PAY CHECK
GIFT CARD
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A bank card that automatically deducts the amount of a purchase from the checking account of the cardholder
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
money added to an account
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
an automatic deposit of payment to an employee's bank account
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