Your Bank
Lesson Overview:
Students will be able to identify and compare the financial benefits and
services offered by different types of financial institutions.
Pacing:
Approximately 90 minutes will be needed to complete this lesson.
Materials:
The teacher will need to provide either online access to websites or hard copies of financial
institutions’ sales brochures and materials. These may also be obtained from the businesses
themselves at local branches or online. Time permitting, students may go online and choose one
type of each financial institution to research.
For numerous links to free brochures and other relevant materials, visit: JumpStart Coalition
Clearinghouse
Background Information:
Traditional banks, Internet banks, savings and loans, credit unions, and other financial
institutions present a wide range of services, fees, and interest rates to their customers. Students
should be aware of the differences and be able to evaluate how these differences affect their own
personal financial situation. Students should know the value of setting long term goals and have
familiarity with financial methods necessary to achieve them. Students should also know how to
calculate compound interest.
For banking and other financial lessons, handouts, overheads, and ideas, visit:
Money, Personal Finance, Business, Careers, Life Skills: Lessons, Education.
For an overview on the various financial institution types, visit:
To Choose A Bank Or Not?
Student Outcomes:
• Students will know how to identify and compare different types of financial institutions.
• Students will know how to compare the variety of services offered by financial
institutions such as checking and savings accounts, CDs, debit and ATM cards, loans,
and safe deposit boxes.
• Students will know how to compare the cost and requirements for an auto loan at each
type of bank.
Middle and Secondary Division Page 5 of 37
NC Department of Public Instruction
January 2008
Middle and Secondary Division Page 6 of 37
NC Department of Public Instruction
January 2008
Essential Questions:
• How do traditional banks, online banks, savings and loans, and credit unions differ from
one another and meet a consumer’s needs?
• What are the costs and benefits of each type of financial institution and how do they
affect consumers?
Vocabulary:
ATM card, bank, certificate of deposit (CD), checking account, credit union, customer service,
debit card, deposit, interest rate, loan, Online Bank, online banking, overdraft protection, safe
deposit box, savings account, savings and loan (S & L), service fees
For a link to a glossary of financial terms, assess the following link: Glossary of Financial
Terms.
A printable handout of these terms can be found at the end of this lesson.
Instructional Steps:
Step 1:As a warm-up/bell ringer activity, students will divide into groups and discuss personal
experiences at the bank. Students should be directed to discuss the names of banks and services
offered.
Step 2:The teacher reviews banks/financial institutions as providers of services, as safe keepers
for deposits, and as providers of loans. Discuss services banks offer: checking and savings
accounts, ATM cards and access points, debit/check cards, credit cards, safe deposit boxes,
overdraft protection, mortgages and loans, investment instruments,personal financial assistance,
and other services. Discuss fees for various services. Discuss interest as a cost of borrowing
money and as a benefit of saving money.
Step 3:Review the variety of banks/financial institutions available and the services offered.
Time permitting, students may research online resources provided or choose their own. Teachers
may also collect classroom sets of brochures from local financial institutions and print out
needed online items. Contacting local branches may be required for certain types of information
(i.e., auto loans). To discuss comparison questions, students may use one or all of the following
handouts: Choosing A Checking Account Overview Handout, Electronic Banking Overview
Handout, Choosing a Savings Account, and Credit Union ... Bank ... What's the
Difference?. The teacher should identify and explain vocabulary terms and lead a discussion on
the importance of banks in our lives.
Step 4:Teacher will distribute Choosing Your Bank Comparison Matrix. Ideally, students
would move to the computer lab and visit websites of banking institutionsand answer questions
from the matrix. An alternative assignment would be to assign the matrix for homework if most
students have Internet access. Use the institutions’ promotional materials if Internet access is not
feasible for the entire class. The teacher may want to complete one financial institution as an
example with the class, if needed. Students may complete the comparison chart in pairs or
individually.
Lesson Overview:
Students will be able to identify and compare the financial benefits and
services offered by different types of financial institutions.
Pacing:
Approximately 90 minutes will be needed to complete this lesson.
Materials:
The teacher will need to provide either online access to websites or hard copies of financial
institutions’ sales brochures and materials. These may also be obtained from the businesses
themselves at local branches or online. Time permitting, students may go online and choose one
type of each financial institution to research.
For numerous links to free brochures and other relevant materials, visit: JumpStart Coalition
Clearinghouse
Background Information:
Traditional banks, Internet banks, savings and loans, credit unions, and other financial
institutions present a wide range of services, fees, and interest rates to their customers. Students
should be aware of the differences and be able to evaluate how these differences affect their own
personal financial situation. Students should know the value of setting long term goals and have
familiarity with financial methods necessary to achieve them. Students should also know how to
calculate compound interest.
For banking and other financial lessons, handouts, overheads, and ideas, visit:
Money, Personal Finance, Business, Careers, Life Skills: Lessons, Education.
For an overview on the various financial institution types, visit:
To Choose A Bank Or Not?
Student Outcomes:
• Students will know how to identify and compare different types of financial institutions.
• Students will know how to compare the variety of services offered by financial
institutions such as checking and savings accounts, CDs, debit and ATM cards, loans,
and safe deposit boxes.
• Students will know how to compare the cost and requirements for an auto loan at each
type of bank.
Middle and Secondary Division Page 5 of 37
NC Department of Public Instruction
January 2008
Middle and Secondary Division Page 6 of 37
NC Department of Public Instruction
January 2008
Essential Questions:
• How do traditional banks, online banks, savings and loans, and credit unions differ from
one another and meet a consumer’s needs?
• What are the costs and benefits of each type of financial institution and how do they
affect consumers?
Vocabulary:
ATM card, bank, certificate of deposit (CD), checking account, credit union, customer service,
debit card, deposit, interest rate, loan, Online Bank, online banking, overdraft protection, safe
deposit box, savings account, savings and loan (S & L), service fees
For a link to a glossary of financial terms, assess the following link: Glossary of Financial
Terms.
A printable handout of these terms can be found at the end of this lesson.
Instructional Steps:
Step 1:As a warm-up/bell ringer activity, students will divide into groups and discuss personal
experiences at the bank. Students should be directed to discuss the names of banks and services
offered.
Step 2:The teacher reviews banks/financial institutions as providers of services, as safe keepers
for deposits, and as providers of loans. Discuss services banks offer: checking and savings
accounts, ATM cards and access points, debit/check cards, credit cards, safe deposit boxes,
overdraft protection, mortgages and loans, investment instruments,personal financial assistance,
and other services. Discuss fees for various services. Discuss interest as a cost of borrowing
money and as a benefit of saving money.
Step 3:Review the variety of banks/financial institutions available and the services offered.
Time permitting, students may research online resources provided or choose their own. Teachers
may also collect classroom sets of brochures from local financial institutions and print out
needed online items. Contacting local branches may be required for certain types of information
(i.e., auto loans). To discuss comparison questions, students may use one or all of the following
handouts: Choosing A Checking Account Overview Handout, Electronic Banking Overview
Handout, Choosing a Savings Account, and Credit Union ... Bank ... What's the
Difference?. The teacher should identify and explain vocabulary terms and lead a discussion on
the importance of banks in our lives.
Step 4:Teacher will distribute Choosing Your Bank Comparison Matrix. Ideally, students
would move to the computer lab and visit websites of banking institutionsand answer questions
from the matrix. An alternative assignment would be to assign the matrix for homework if most
students have Internet access. Use the institutions’ promotional materials if Internet access is not
feasible for the entire class. The teacher may want to complete one financial institution as an
example with the class, if needed. Students may complete the comparison chart in pairs or
individually.
បទភ្លេងតែ ១ ចម្រៀងខុសគ្នាដល់ទៅ ១០ បទ ស្ដាប់ទៅមួយណាពីរោះជាង?
ប្រិយមិត្តប្រាកដជាធ្លាប់ឮហើយ ចំពោះបទភ្លេងមួយដែលត្រូវបានតារាចម្រៀងខ្មែរ ស្ទើរតែគ្រប់ជំនាន់យកមកច្រៀង ដូចជាបទ “អូននឹកបងទេ” របស់លោក នី សាលឿន, “អន្ទងស្នេហ៍” របស់ លោក ខេមរៈសិរីមន្ត, និង បទ “អូនគិតដល់បង” របស់អ្នកនាងម៉េង កែវពេជ្ជតា ជាដើម។ រហូតមកឥលូវនេះ បទនេះត្រូវបានយកមកផលិតជាបទចម្រៀងខុសៗគ្នាជាង ១០បទ និង ច្រៀងដោយតារាប្រុសស្រីល្បីៗជាច្រើននាក់។
