Checking Account Product Knowledge
Test Your Checking Account Knowledge!
Are you familiar with the key features and regulations of checking accounts? Take this quiz to enhance your understanding and keep your financial knowledge up to date!
- 10 engaging questions
- Multiple choice format
- Track your score and learn as you go!
How many checks are free when opening a checking account?
50
500
100
150
What is the most amount of overdrafts are allowed per month?
5
4
6
7
How long is a checking account dormant before the member gets an ititial letter?
2 months
4 months
6 months
12 months
Which transaction is covered by courtesy pay?
ATM withdrawls
Bill Pay
ACH transaction
Checks
What is the youngest age you can open a checking account?
10-11
12-13
15-17
21-30
What is the minimum balance to open a share account?
$5.00
$50.00
$10.00
$100.00
Do we pull credit reports on new members?
No
Yes
A 'New Checking Declaration' is for members with...
Higher risk category
Lower risk category
To close an account, you follow the "Close Member Checklist"
True
False
ChexSystems Approval must be received by CFCU for all account holders
False
True
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