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Banking Review Created by Janet Barcaro

Banking Review Created by Janet Barcaro. About the Author. Table of Contents. About the Author. Business education teacher at Interboro High School. May 5, 2001- Master’s Degree in Applied Technology/Instructional Design. Sponsor of the Future Business Leaders of America.

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Banking Review Created by Janet Barcaro

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  1. Banking ReviewCreated byJanet Barcaro About the Author Table of Contents

  2. About the Author • Business education teacher at Interboro High School. • May 5, 2001- Master’s Degree in Applied Technology/Instructional Design. • Sponsor of the Future Business Leaders of America Click on picture to return to title page Menu

  3. Table of Contents Parts of a check Federal Reserve System Fun Web Sites EXIT Banking Acronyms

  4. Federal Reserve System Menu Federal Reserve Activities Go figure! Alan Greenspan EXIT MENU Map of Federal Reserve Takin’ Care of Business

  5. Alan Greenspan • Chairman of the Board of Governors of the Federal Reserve System • Chairman of the Federal Open Market Committee, the System's principal monetary policymaking body. MENU

  6. United States Federal Reserve Districts Philadelphia District 3 MENU

  7. Go Figure! If you deposit $2000 in your bank, your bank must keep 15% in reserve. Your bank can lend the rest. How much of your money can the bank lend to others? $30 $170 $300 $470 $1700 Select the correct answer and hear the applause! Select the wrong answer and beware! MENU

  8. Federal Reserve Activities Watch as the six major activities of the Federal Reserve Appear Accepts deposits from member banks Lends money to member banks Bank for banks Holds reserves 15% Acts as a clearing house Sets monetary policy MENU

  9. Parts of a Check date payee Drawer Check # Amount in Numbers Amount in Words Memo Account Number Drawer Drawee MENU

  10. FDIC EFT Fed FSLA NCUA Federal Reserve System Federal Savings and Loan Association Electronic Funds Transfer Federal Deposit Insurance Corporation National Credit Union Administration Banking Acronyms Match the acronym to the business term. The answer will appear every eight seconds. Check your answers. MENU

  11. Learn More About BankingWeb Sites for Info and Games • http://www.thetopnotch.com/greenspan/ • http://www.ex.ac.uk/~RDavies/arian/llyfr.html(The History of Money) • http://www.usmint.gov/kids/ (How the US Mint makes money and history of coins) • http://mutualfunds.about.com/money/mutualfunds/library/ • weekly/aa112500a.htm MENU

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