Transaction Accounts Quiz

FDIC insurance and online operations

Reinvestment of profits and frequent withdrawals

For-profit status and FDIC insurance

Membership requirements and not-for-profit status (correct)

No physical branches and higher interest rates on savings (correct)

Reinvestment of profits and lower fees

FDIC insurance and membership requirements

For-profit status and frequent withdrawals

Reinvesting profits and allowing frequent withdrawals

Providing FDIC insurance and check writing privileges

Receiving profits and offering high interest rates

Offering safety and convenient access to money (correct)

<p>Limited withdrawals and higher interest rates</p> Signup and view all the answers

<p>FDIC insurance up to $250,000 or NCUA insurance</p> Signup and view all the answers