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5 Written questions

5 Multiple choice questions

  1. the report the bank will send (mail or email) you on the status of your account
  2. full service banks; offer a wide range of financial services from checking accounts to loans to safe deposit boxes and trust accounts
  3. accept deposits from people and businesses and use the deposits to finance their business
  4. the document created to show how the two balances were brought into agreement
  5. protects depositor's money in case of the failure of a bank

4 True/False questions

  1. endorsementconsists of only the endorser's name; most unsafe way to endorse a check


  2. blank endorsementwritten evidence that you received payment or that you transferred your right of receiving payment to someone else


  3. drawerPerson who writes a check


  4. credit unionuser-owned, not-for-profit, serving members only


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