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Banking Basics Quiz

Quiz

Test your knowledge on banking terms and concepts with this fun quiz! Keep playing to keep practicing your Banking Vocabulary.

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United States

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    Michael
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Banking Basics QuizOnline version

Test your knowledge on banking terms and concepts with this fun quiz! Keep playing to keep practicing your Banking Vocabulary.

by Kristine Vester
1

A financial institution where you can keep your money safe. They are a business that is trying to make a profit and so they charge you for financial services.

2

What is a place whose goal it is to make money?

3

What type of bank is focused on making a profit?

4

What is a non-profit organization owned by its members?

5

What federal fund insures deposits in credit unions?

6

What organization insures banks and protects deposits?

7

What provides insurance for investment banks?

8

What does ATM stand for?

9

What does it mean to take money out of your account?

10

What does it mean to put money in your account?

11

What is a person that makes a deposit (puts money in the bank)?

12

What is it called when your paycheck is deposited directly into the bank by your employer?

13

What is like a locker in the bank where you can keep valuable things safe?

14

What is a record of your money in the bank, including savings and checking types?

15

What type of account is used for everyday transactions with a debit card or checks?

16

What is a plastic card that allows you to buy things directly from your checking account?

17

What card can be used to take money out of the ATM?

18

What is the 4 digit code you enter when using your debit card?

19

What does it mean when you do not have enough money in your checking account?

20

What is like a checking account that pays you interest on your deposits?

21

What is it called when a bank loans you money to cover a debit card payment?

22

What type of account is used to save money for the future?

23

What is a bank that pays interest on savings called?

24

What is a CD in banking terms?

25

What do you receive when you loan money to the government?

26

What term describes money that can be accessed quickly?

27

What is the term for money that cannot be accessed quickly?

28

What is the process of giving or receiving money through checks called?

29

What is it called when a bank allows you to use checks for free?

30

What is the unique identifier on the top of a check?

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