Money Literacy

True

False

True

False

True

False

Informing customers of the amount of money in their accounts

Informing customers of how the money is their accounts must be spent

Providing cash when a customers make withdrawals from their accounts

Providing loans to customers that can be paid back over time with interest

Bank offers checking and savings accounts to their customers.

Banks help customers decide which expenses to pay.

Banks help customers meet their neighbors.

Banks sell stamps and deliver mail.

A bank can help them keep track of the money in their savings account.

A bank can give them cash from their account to buy a house.

A bank can provide them a loan that can be repaid with interest.

A bank can help them meet their new neighbors.

save money

borrow money