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4: Review Your Knowledge
Briefly describe commercial banks, community banks, mutual savings banks, Internet banks, savings and loan associations, and credit unions.
List examples of banking products that facilitate financial exchange.
List examples of banking services that financial institutions might provide customers.
Explain electronic banking options and list examples.
What did the Dodd-Frank Wall Street Reform and Consumer Protection Act provide?
What is the purpose of a checking account?
When shopping for a checking account, which topics should be researched?
Explain procedures for using a checking account.
What are the three ways to endorse a check?
What information is typically included on a bank statement?
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