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Special Education
3rd -
Professional Development
Opening A Checking Account
20 questions
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- 1. Multiple Choice
When choosing a bank, don't worry about the location.
True
False
- 2. Multiple Choice
All banks are open for the same hours.
True
False
- 3. Multiple Choice
Credit Unions are open to everyone who wants one.
True
False
- 4. Multiple Choice
A bank insured by the FDIC will offer lower rates on car loans.
True
False
- 5. Multiple Choice
If you build a relationship with a bank, the bank will be more likely to loan you money in the future.
True
False
- 6. Multiple Choice
Money Deposited in a bank insured by the FDIC is insured by the federal government against theft or loss.
True
False
- 7. Multiple Choice
By law, all banks must charge the same fees for checking accounts and ATMs.
True
False
- 8. Multiple Choice
Credit Unions are non-profit groups.
True
False
- 9. Multiple Choice
FDIC stands for ___________.
Federal Deposit Insurance Corporation
Fedarel Deposit Insurance Corportion
Federal Diposit Insurance Corporation
Federal Deposit Insurince Corporation
Federal Deposit Insurance Cooperation
- 10. Multiple Choice
When opening a new bank account you should ask yourself __________.
(Multiple Correct Answers)
How much money will I need to open the account?
Is there a minimum amount of money that must be kept in the accout?
Is the bank teller going to be nice to me?
Is the bank near a McDonalds?
- 11. Multiple Choice
When opening a new bank account you should ask yourself __________.
(Multiple Correct Answers)
Does the account pay interest?
Is there a charge for writing checks?
Do I need to wear a tie to go into the bank?
What is the weather going to be like?
- 12. Multiple Choice
When opening a new bank account you should ask yourself __________.
(Multiple Correct Answers)
What is the charge for a bounced check?
Can I use a debit card with this account?
Do I need to wear a tie to go into the bank?
What is the weather going to be like?
- 13. Multiple Choice
When opening a new bank account you should ask yourself __________.
(Multiple Correct Answers)
What is the charge for a bounced check?
Can I use a debit card with this account?
How much money I will need to open the account?
Does the account pay interest?
Is there a minumum amount of money that must be kept in the account at all times?
- 14. Multiple Choice
You should try to find an account that has _____________.
a free debit card
free coffee
lollipops
a cute mascot
- 15. Multiple Choice
You should try to find an account that has _____________.
free online bill pay
free soda
attractive employees
a Mulberry Tree outside to sit under
- 16. Multiple Choice
An account ledger is where you __________.
record what you wrote checks for
sit and watch the sunset
act like the Joker
add money to your account
- 17. Multiple Choice
A bank statement __________.
shows all of your account activity
shows all of your deposits
shows all of your withdrawals
shows all of your darkest secrets
- 18. Multiple Choice
If you don't keep a good check register you could_________.
Be overdrawn.
pay fines.
Bounce a check.
Not be able to cover your necessary expenses.
- 19. Multiple Choice
You should mail cash to pay your bills.
True
False
Depends.
- 20. Multiple Choice
What happened on 7/5?
a paycheck was deposited
check #164 was written
nothing
the balance went up
- Answer choicesTagsAnswer choicesTags