3 make sure that any bank at which you open an account is a member of the\nconsumer financial protection…

3 make sure that any bank at which you open an account is a member of the\nconsumer financial protection bureau.\nfederal reserve board.\noffice of the comptroller of the currency.\nfederal deposit insurance corporation.\n4 make sure that any credit union at which you open an account is a member the\nconsumer financial protection bureau.\nfederal securities and exchange commission.\nnational credit union association.\noffice of thrift supervision.\n5 online - only banks provide online banking services; banks and credit unions do not.\ntrue\nfalse

3 make sure that any bank at which you open an account is a member of the\nconsumer financial protection bureau.\nfederal reserve board.\noffice of the comptroller of the currency.\nfederal deposit insurance corporation.\n4 make sure that any credit union at which you open an account is a member the\nconsumer financial protection bureau.\nfederal securities and exchange commission.\nnational credit union association.\noffice of thrift supervision.\n5 online - only banks provide online banking services; banks and credit unions do not.\ntrue\nfalse

Answer

Brief Explanations:

  1. The Federal Deposit Insurance Corporation (FDIC) insures deposits in banks. Consumers should ensure banks are FDIC - members for deposit protection.
  2. The National Credit Union Association (NCUA) insures deposits in credit - unions. Consumers should ensure credit - unions are NCUA - members for deposit protection.
  3. Traditional banks and credit - unions also provide online banking services, so the statement is false.

Answer:

  1. Federal Deposit Insurance Corporation
  2. National Credit Union Association
  3. False