Choosing a Bank

Why do you need to choose a bank once you start earning money?
1. To have someone who will take care of your dog
2. To help you save and spend your money
3. To help you choose a favorite color
4. To help you get a job to earn money
What does FDIC stand for?
1. Fancy Dance Invention Corporation
2. Fine Dorms In Colorado
3. Federal Deposit Insurance Corporation
4. Federal Dollar Insurance Corporation
Up to how much money will the FDIC insure (until 2010) in your bank account?
1. $200,000
2. $150,000
3. $275,000
4. $250,000
What is a savings account?
1. It is place where you store valuables, like a birth certificate or a will.
2. It is an account where you can write checks.
3. It is an account where you can deposit money to save it.
4. It is what you call a coin collection.
If you are expecting bills, what should you get?
1. A checking account
2. A savings account
3. A credit card
4. A safe deposit box
What will a checking account allow you to do?
1. It will allow you to get a credit card.
2. It will allow you to write checks to pay your bills.
3. It will allow you to get a smart card.
4. It will allow you to check on new additions to your local pet store.
What works almost anywhere in the United States and at any ATM?
1. Smart cards
2. A key
3. Plastic, Play, Fake Cards
4. Debit cards
What does the bank give you for keeping your money there?
1. Interesting
2. Interest
3. Debt
4. A hard time
Your parents will need to come with you to choose a bank if you are under a certain age. What is that age?
1. 16
2. 17
3. 18
4. 20
Where should your bank be?
1. Within 25 miles
2. Within 10 miles
3. Within 5 miles
4. Within walking distance