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Objectives:

            At the conclusion of this unit, students will:

            a.  Manage/Balance a check book and checking related activities;

            b.  Discuss the steps of using an ATM

            c.  Detail the benefits and limitations of debit cards, direct deposit, & automatic bill pay

            d.  Create a Venn diagram indicating the similarities and differences between banks and credit unions

            e.   Understand methods of avoiding various banking related fees such as Overdraft, Low Balance, Transfer fees, etc.

Standards:

National Business Education Standards:

 VI. Banking and Financial Institutions
Achievement Standard: Evaluate services provided by financial deposit institutions to transfer funds.

VIII. Protecting Against Risk
Achievement Standard: Analyze choices available to consumers for protection against risk and financial loss.

ISTE Standards:

  • Collect and analyze data to identify solutions and/or make informed decisions.

 

  • Evaluate and select information sources and digital tools based on the appropriateness to specific tasks.

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