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?
printed material
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?
printed material
