Across
- 5. Allows individuals or businesses to borrow money for expenses when funds are not readily available
- 7. secure means of storing money
- 8. Is imperative to banks and other financial service companies • Includes actions taken by the federal reserve banks
- 12. Allow individuals to borrow money from a bank
- 16. Allow bank customers to draw money directly from their checking account
- 17. Assist individuals in buying and selling securities among investors– conducting the transactions on the behalf of a client
- 18. Are primarily in the business of handling deposit accounts, personal loans and mortgage lending
- 20. Allow consumers to borrow money from a financial institution up to a certain limit
Down
- 1. Provide a wide variety of financial services for individuals, families and small businesses
- 2. Gives customers the ability to manage money online with a mobile device or computers
- 3. Allow banks to manage and protect an account on behalf of a beneficiary
- 4. Are organizations which do not offer federally insured deposit accounts
- 6. Require completing a loan application form and providing business information
- 9. given by a financial institution for the purchase of real estate
- 10. given by a financial institution for the purchase of a vehicle
- 11. Have the main function of receiving, transferring and lending money to individuals, businesses and government
- 13. Provide financial coverage to protect individuals or organizations against possible adverse events in exchange for premium payments – adverse events such as loss, damage or injury
- 14. Are member-owned, non-profit financial institutions
- 15. Are for profit which are owned and controlled by investors – customers have no say in how the bank is operated
- 19. Can be earned on the balance held in any bank account