What’s the best strategy for avoiding ATM fees?
Only use ATMs in your bank’s network
Which type of account will typically have the highest interest rate?
Which of the following is NOT a core component of the Federal Reserve Bank?
. Department of the Treasury
What part of a check is the LEAST important?
Which type of account is typically the MOST liquid?
With a traditional savings account, you could be charged a fee if:
You withdraw money too often
Which of the following is a primary responsibility of the Federal Reserve Bank?
Which of the following is a unique feature of credit unions?
The best way to ensure the accuracy and safety of your accounts is to:
Monitor your online accounts regularly
Which type of financial institution typically has membership requirements?
Which of the following is not a type of bank?
payday lender
Which of the following fees would likely be the highest?
overdraft fee
What’s the purpose of balancing or monitoring your checking account?
To help you calculate how much money you have in your account
Which type of account typically has low liquidity?
Which of the following represent typical account fees?
ATM fee
The three parts of the Federal Reserve System are the Reserve Banks, the Federal Open Market Committee (FOMC), and the:
board of governors
The numbers on the bottom of a typical check represent all of the following EXCEPT?
social security number
Which of the following is NOT one of the responsibilities of the Federal Reserve?
Savings accounts usually offer _________ interest rates than checking accounts. It is _________ to access your money in a savings account than in a checking account.
How often should you typically monitor your checking account?
monthly
x

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