Financial Literacy: Unit #2 Review Relay

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Across
  1. 4. Type of savings account that required the holder to set aside their money for a set period of time such as 3 months, 1 year, or 10 years, and has fixed interest rate.
  2. 5. Type of financial institution who offers you a quick, small loan based on the value of your car.
  3. 7. A financial go between that keeps money flowing through the economy. Examples include banks, credit unions, and insurance companies.
  4. 8. Type of interest whose rate is paid only on the original amount of your loan, AKA the principal.
  5. 9. Type of financial institution who provides different types of insurance such as health, auto, life, and disability).
  6. 10. Type of interest whose rate always remains the same for the lifetime of your loan.
  7. 13. Type of financial institution whose goal is to help you grow your money through investment opportunities.
  8. 14. A checking account fee that occurs when you use an ATM that is not affiliated with your bank or credit union.
  9. 16. A checking account fee that occurs if you close your account within 90-180 days of opening it.
  10. 19. Type of financial institution whose only offers home loans.
  11. 20. Type of bank account that allows the holder to make unlimited deposits or withdrawals, and can be accessed with checks, ATMs, or debit cards.
Down
  1. 1. A checking account fee that is charged monthly to maintain your checking account.
  2. 2. A checking account fee that occurs when you receive your bank statements in the mail.
  3. 3. Type of financial institution who offers you a quick, small loan to pay back within two weeks (usually your next pay period).
  4. 6. Type of financial institution that offers savings and loans, usually for homes/mortgages.
  5. 7. A checking account fee that occurs when you use your debit card to make purchases or withdrawal money from an ATM outside of the United States.
  6. 11. Type of savings account that only allows withdrawals up to six times per month, earns the lowest interest rate, and has the lowest required deposit to the open the account (usually $25-$100).
  7. 12. Type of interest whose rate is paid on the original amount of your loan and previously earned interest.
  8. 15. Type of savings account that only allows withdrawals up to six times per month, has a variable interest rate, can be accessed with checks, and requires a deposit to open the account of $1,000.
  9. 17. A checking account fee that is charged when you spend more money than is in your checking account.
  10. 18. Type of interest whose rate changes over the lifetime of your loan.