NAME

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of 14 available terms

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5 Written questions

5 Multiple choice questions

  1. Person who writes a check
  2. accept deposits from people and businesses and use the deposits to finance their business
  3. a check that a bank draws on its own funds
  4. written evidence that you received payment or that you transferred your right of receiving payment to someone else
  5. nationwide banking plan set up by the federal government to supervise and regulate member banks

4 True/False questions

  1. FDICPerson who writes a check

          

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

          

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

          

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