Across
- 2. trust accounts allow banks to manage and protect an account on behalf of a ______
- 5. insurance companies use money collected from _____ to pay claims
- 6. ATMs are located _____ _____
- 9. a type of bank that is for profit and is owned by shareholders
- 12. a type of checking account for customers with no need for in person services
- 14. interest earned on bank accounts tend to utilize ____ _____
- 16. allows an individual to borrow against their home's value to finance major expenses
- 18. involves the creation of debt
- 20. events such as loss, damage, or injury that are covered by insurance companies
Down
- 1. brokerage firms derive their profit from _____ on orders given
- 3. allows customers to borrow money from a financial institution up to a certain limit
- 4. are member owned, non-profit financial institutions
- 7. a type of loan given for the purchase of real estate
- 8. interest can be earned on the ______ held in any bank account
- 10. a type of checking account for two or more account holders
- 11. are secure means of storing money
- 13. is represented by (r)
- 15. a type of checking account for customers with large sums of money
- 17. a type of checking account that is for customers who want a reliable basic account
- 19. interest rates typically range from .01 to 2 percent ______
