Choosing the Right Bank
Authored by Christian Roxburgh
Social Studies
12th Grade
Used 4+ times
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8 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the likely purpose of the cartoon?
To promote banking services
To entertain with a joke
To criticize banking practices
To inform about bank policies
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a common service provided by financial institutions that involves lending money for property purchase?
Credit cards
Mortgages
Savings accounts
Insurance policies
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
FDIC: This is money the bank will give to you if something happens to the bank.
What is the maximum amount insured by the FDIC at COMMUNITY banks?
$100,000
$250,000
$500,000
$1,000,000
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a characteristic of credit unions?
Non-Profit
Base success on members' success
High-interest rates on loans
Use "leftovers" to benefit members
5.
OPEN ENDED QUESTION
3 mins • 1 pt
What is your opinion on Banks?
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6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a type of bank from the Notes?
National Banks
Community Banks
Online Banks
Credit Unions
Piggy Bank
7.
OPEN ENDED QUESTION
3 mins • 1 pt
Which Bank would you choose to leave your money in and why?
Must tell me one reason why you chose this bank.
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