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of 14 available terms

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5 Written questions

5 Multiple choice questions

  1. a seperate book, usually the same size as the checkbook, for recording account activities.
  2. the bank or other financial institution that pays the check
  3. full service banks; offer a wide range of financial services from checking accounts to loans to safe deposit boxes and trust accounts
  4. user-owned, not-for-profit, serving members only
  5. consists of only the endorser's name; most unsafe way to endorse a check

4 True/False questions

  1. Federal Reserve Systemnationwide banking plan set up by the federal government to supervise and regulate member banks

          

  2. bank statementconsists of only the endorser's name; most unsafe way to endorse a check

          

  3. bank reconciliationthe report the bank will send (mail or email) you on the status of your account

          

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