1. Types of Financial Services Companies

2. Objectives
Compare and contrast different types of financial services companies
Compare and contrast the services offered by different types of financial services companies
Evaluate the positive and negative effects of offering similar services between different types of financial services companies

3. Key Vocabulary Bank Credit Card Company Credit Rating Agency
Insurance Company
Intermediation or advisory services company
Investment service company
Mortgage lender
Securities

4. What Do Financial Services Companies Offer?
Why do you think it’s called the financial services industry instead of the financial service industry?
What does Citigroup or Bank of America offer?
Many retail businesses offer more than one product or service, companies in different sectors of the financial services industry commonly offer more than one product or service, and they also offer many of the same ones

5. What Do Financial Services Companies Offer?
Commercial banks offer checking accounts
Stock brokerages usually allow customers to write checks on some type of brokerage accounts
Commercial banks, credit unions, and mutual savings associations all provide similar banking services
You will also investigate the similarities and differences between the various types of financial services companies and the products and services that they offer the consumer

6. Financial Services Company Poster
Over the next day or so you will be researching to perform and in-depth study of the financial services industry
Form groups of 3-4
Investigate one type of financial services company and create a poster that accurately describes the company and the products and services it offers

7. Financial Services Company Poster
Download- Assignment: Financial Services Company Poster
Download- Rubric: Financial Services Poster
Download- Example: Types of Financial Services Companies Poster

8. Financial Services Company Poster
How does this example meet the requirements for this assignment?
What did the designer do well on this example?
What would you improve if this example were a draft you created?

9. Financial Services Company Poster
Download- Worksheet: Success of the Group
This needs to be filled out at the end of each day by each member of the group
Download- Reference: Types of Financial Services Companies
If you need a list of financial services companies
Each group will have to choose a different financial services company

10. Investigating Financial Services Companies
Today is the day to research your financial institution and all it has to offer
Download- Worksheet: Guide for Research Results
This will be used as a note-taking guide for your research
Everyone in the group will be required to fill out the guide for research results

11. Investigating Financial Services Companies
Remember to fill out the sections on the success of the group worksheet
Download- Rubric: Financial Services Poster

12. Investigating Financial Services Companies
Bring in a piece of poster board to complete the poster
Remember the example poster we looked at and the rubric used for grading when creating your poster
Also keep up with the Success of the Group worksheet

13. Investigating Financial Services Companies
During this class you will be able to informally discuss your poster with the class
Download- Worksheet: Similarities and Differences in Types of Financial Services Companies
While the posters are discussed, each student will be required to identify one similarity and one difference between your bank and the bank being discussed

14. Investigating Financial Services Companies
For the presentation, one person can present (more if you want) but be sure to mention all of the criteria in the rubric for the poster

15. Investigating Financial Services Companies
How many were surprised to learn that many different companies offer the same products and services?
Out of all of the financial institutions studied, which ones offer basic account services (such as ATM services, and savings and checking account services)?
Out of all of the financial institutions studied, which ones provide small loans to companies and individuals for houses and automobiles?

16. Investigating Financial Services Companies
Out of all the financial institutions studied, which ones have departments that underwrite and sell securities?
Out of all the financial institutions studied, which ones offer financial planning services to customers?

17. Investigating Financial Services Companies
How does offering many of the same financial products and services hurt the consumer? The company?

18. Enrichment
Look up historical information online about the financial services industry in the US.
Examine how the industry has changed, particularly in terms of the lessening of distinctions between brokerages, insurance companies, and banks.

19. Enrichment
Compare and contrast one type of financial services company in the United States with the same type of company in another country
Display your findings with a Venn diagram

20. Cross-Curricular Integration
Conduct an online search of the top 20 banks in the United States as ranked by their asset size
Create a bar graph that depicts each bank and its total assets