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of 14 available terms

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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. the bank or other financial institution that pays the check
  3. nationwide banking plan set up by the federal government to supervise and regulate member banks
  4. the report the bank will send (mail or email) you on the status of your account
  5. a seperate book, usually the same size as the checkbook, for recording account activities.

4 True/False questions

  1. cashier's checksA personal check for which a bank has guaranteed payment.

          

  2. bank reconciliationthe document created to show how the two balances were brought into agreement

          

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

          

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