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5 Written questions

5 Multiple choice questions

  1. nationwide banking plan set up by the federal government to supervise and regulate member banks
  2. full service banks; offer a wide range of financial services from checking accounts to loans to safe deposit boxes and trust accounts
  3. user-owned, not-for-profit, serving members only
  4. the bank or other financial institution that pays the check
  5. a check that a bank draws on its own funds

4 True/False questions

  1. depository institutionuser-owned, not-for-profit, serving members only

          

  2. certified checkuser-owned, not-for-profit, serving members only

          

  3. FDICthe bank or other financial institution that pays the check

          

  4. drawerthe bank or other financial institution that pays the check

          

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