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What are the answers? During the Great Depression banks ran out of people's money. Because of this, the was established to protect each account holder's

What are the answers?

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During the Great Depression banks ran out of people's money. Because of this, the was established to protect each account holder's money of up to $250,000 per account type. Not -for-profit financial institutions that exist to serve their members. Not everyone can join you must have a common bond with the members. Examples include Navy Federal, Apple, etc. Joe put gas in his car for $25 but only has $15 in his account, this means he has funds also known as NSF. Ms. Murphy is looking for a bank account that has a high meaning she can access his cash quickly. Ms. Seboka wrote a check to John Champe HS but because she did not have enough money in her bank account the bank returned it. This type of check is called a : insufficient funds :: liquidity : bounced check :: Federal Deposit Insurance Corporation (FDIC) :: Credit Unions

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