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5 Written questions

5 Multiple choice questions

  1. full service banks; offer a wide range of financial services from checking accounts to loans to safe deposit boxes and trust accounts
  2. A personal check for which a bank has guaranteed payment.
  3. the report the bank will send (mail or email) you on the status of your account
  4. user-owned, not-for-profit, serving members only
  5. nationwide banking plan set up by the federal government to supervise and regulate member banks

4 True/False questions

  1. draweePerson who writes a check

          

  2. cashier's checksa check that a bank draws on its own funds

          

  3. check registerwritten evidence that you received payment or that you transferred your right of receiving payment to someone else

          

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