Standard 3: Banking and Financial Services

Standard 3. The student will describe the functions and uses of banks and other financial service providers.

  1. Identify and compare the basic types of financial institutions (e.g., banks, mortgage companies, credit unions, brokerage firms, and finance companies).
  2. Describe and compare the most common financial products and services (e.g., checking, credit cards, Automated Teller Machines (ATMs), savings, loans, investments, and insurance).

Online Curriculum and Lesson Plans

Making $en$e: Financial Success for Oklahoma Students – Oklahoma State Department of Education | view now

  • Module 3.1: Finding Financial Services

It Just Adds Up | view now

  • Lesson 9 – Banking
  • Lesson 10 – Banking Services

Banking Lessons | view now

Lesson 6: Banking Services (Teens) | view now

Banks and Credit Unions – EconEdLink | view now

Wells Fargo Bank: Hands On Money | view now

Council for Economic Education Lessons

Learning, Earning, and Investing

  • Lesson 9 – Banking
  • Lesson 10 – Banking Services
  • Lesson 11 – Financial Institutions

Financial Fitness for Life: Bringing Home the Gold, (9-12)

  • Theme 5, Lesson 21, Banking Basics

Focus on Institutions and Markets

  • Lesson 4 – Financial Systems

From Plan to Market: Teaching Ideas for Social Studies, Economics, and Business Classes

  • Lesson 7 – Why Middlemen Matter: The Role of Financial Institutions in a Market Economy.

Your Credit Counts Challenge

  • Section 2, Financial Institutions

Online Resources

  • 5 Tips for Protecting Your Checking Account | view now
  • How to Use an ATM Machine | view now
  • The Debit Card Debate | view now
  • Bank High School | view now
  • Understanding Banking Services - Chase | view now
  • Basics of Banking and Savings - CNNMoney.com | view now
  • A Guide to Your First Bank Account - Federal Reserve Bank of Atlanta | view now
  • Bank Products: What is Insured and What is Not - Federal Reserve Bank of San Francisco | view now

Expanded Activities

  • Smart Money Quiz Show: Practical Money Skills | view now
  • Financial Football: Practical Money Skills | view now
  • Videos on Deposit Insurance Coverage - FDIC | view now
  • Thirteen Ed Online - Finance and Responsible Lending | view now