If you think you've mastered the material in this chapter, take our quiz. After you click the ''submit'' button, the answers will appear below.Phishing is the practice of:Catching phish.The selling of sensitive client information to third parties.Receiving your monthly bank statement via e-mail.Sending e-mails disguised as official bank inquiries, designed to trick you out of valuable, personal information such as passwords or account numbers.What is covered by the Federal Deposit Insurance Corp.?Stocks, bonds and mutual fundsLosses due to robberies and dishonest tellers, also errors in your account.Safe-deposit boxesChecking accounts, MMDAs, savings accounts and CDsTrue or False: The CAEL rating reflects the financial health of a bank, thrift or credit unions based on the institutions' Capitalization, Asset quality, Earnings and Liquidity.TrueFalse advertisementRelated Links:4 risky places to swipe your debit cardHigh-yield checking rates still rockin'What happens when you write a check?Related Articles:History of 'bank'Defining 'bank'High-yield chasers beware
If you think you've mastered the material in this chapter, take our quiz. After you click the ''submit'' button, the answers will appear below.
Phishing is the practice of:
What is covered by the Federal Deposit Insurance Corp.?
True or False: The CAEL rating reflects the financial health of a bank, thrift or credit unions based on the institutions' Capitalization, Asset quality, Earnings and Liquidity.
Bankrate wants to hear from you and encourages thoughtful and constructive comments. We ask that you stay focused on the story topic, respect other people's opinions, and avoid profanity, offensive statements, illegal contents and advertisement posts. Comments are not reviewed before they are posted. Bankrate reserves the right (but is not obligated) to edit or delete your comments. Please avoid posting private or confidential information, and also keep in mind that anything you post may be disclosed, published, transmitted or reused. We do not permit the inclusion of hyperlinks in comments and may remove any comment that includes a hyperlink.
CIT Bank's limited-time promo offers savers 0.95 percent and up to $200 for opening and funding one of its high-yield savings accounts by Dec. 31, 2016.
... Read more