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Financial Literacy – Quiz 2: Financial Institutions and Services, 2026 – Study Material and Practice Questions

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Financial Literacy – Quiz 2: Financial Institutions and Services, 2026 – Study Material and Practice Questions

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Financial Literacy – Quiz 2: Financial Institutions and Services,
2026 – Study Material and Practice Questions

True , not false - ANS✔✔ financial institution formed by a large organization for its members is a
credit union.



True , not false - ANS✔✔ To determine if the bank's Web site is secure, look at the web site
address.



Bank teller - ANS✔✔ Visit the _____ when you want to deposit a check.



Financial adviser - ANS✔✔ The main types of financial institutions are all of the following,
except _____.



convenience

growth

cost

financial future

safety

security - ANS✔✔ What are the reasons to keep your money in a financial institution?



the amount of money you have in an account at a certain time - ANS✔✔ A balance is _____



Debit card - ANS✔✔ Mike takes a card out of his wallet at the grocery store and swipes it to pay
for his groceries. What did Mike use?



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