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KWL

KWL. Standard. SSEPF1a- Compare services offered by different financial institutions. Financial Institutions. Financial institutions are places where people manage, protect, and increase their money. Types of Financial Institutions. Commercial Banks 2. Savings and Loans associations (S&L’s)

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KWL

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  1. KWL

  2. Standard • SSEPF1a- Compare services offered by different financial institutions

  3. Financial Institutions • Financial institutions are places where people manage, protect, and increase their money.

  4. Types of Financial Institutions • Commercial Banks 2. Savings and Loans associations (S&L’s) 3. Credit Unions 4. Brokerage Firms

  5. What are their roles?

  6. What are their roles?

  7. Deposit Services • Checking accounts-safe place to keep money and can pay with an ATM or check instead of cash • Savings Account: safe place to let your money grow

  8. Checking Accounts • Many commercial bank offer checking an savings accounts with low fees and flat service rates. • GREAT FOR TEENAGERS

  9. Credit Services

  10. Investment Services

  11. Activity-Brochure • On the Cover: Write Financial institutions and design it nicely • Inside: One of the following on each page 1. Define a financial institution 2.Compare the four types of financial institutions by listing the services offered by each 3. Explain why checking and savings accounts are beneficial and important for everyone to have. 4. Decide which type of financial institution would be the best place for a teenager to keep his/her money and Explain why. 5. Answer EQ: Which financial institution would your put your money in and why?

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