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Checking Account Product Knowledge

A colorful and engaging illustration depicting various aspects of checking accounts, including checks, ATM machines, and young individuals managing their finances.

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!

10 Questions2 MinutesCreated by LearningBanker47

How many checks are free when opening a checking account?

500

100

150

What is the most amount of overdrafts are allowed per month?

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?

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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