Choosing the Right Bank

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

What is a common service provided by financial institutions that involves lending money for property purchase?

• Credit cards

• Mortgages

• Savings accounts

• Insurance policies

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

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

What is your opinion on Banks?

Which of the following is NOT a type of bank from the Notes?

• National Banks

• Community Banks

• Online Banks

• Credit Unions

• Piggy Bank

Which Bank would you choose to leave your money in and why?

Must tell me one reason why you chose this bank.

Match the following according to the name and description

• For Profit & Nation wide

• 
• Serves Local Area

• 
• Lower interest rates on cars/houses

• 
• NO physical building lower fees

•