1. Mon. March 20, 2017 BRO Time Daily Quiz: Purchasing Motives
Objectives (78) Identify basic banking services. (79) Demonstrate maintenance of checking and savings accounts.
Homework
None
Today’s Agenda
BRO Time
Daily Quiz: Purchasing Motives
Banking Services PowerPoint & Notes. Practice with TheMint.org (link on VISION)
Checking Account Project
Closure
Explain the importance of accuracy in maintaining a check register. What are potential consequences of inaccurate records?

2. Tue. March 21, 2017 BRO Time Daily Quiz: Purchasing Motives
Objectives (78) Identify basic banking services. (79) Demonstrate maintenance of checking and savings accounts.
Homework
None
Today’s Agenda
BRO Time
Daily Quiz: Purchasing Motives
Banking Services PowerPoint & Notes. Practice with TheMint.org (link on VISION)
Checking Account Project
Closure
Explain the importance of accuracy in maintaining a check register. What are potential consequences of inaccurate records?

3. Introduction to Business & Marketing
Banking Services
Introduction to Business & Marketing

4. Identify basic banking services.
Task 78

5. THINK ABOUT IT What do banks do?
List at least three reasons consumers use banks.

6. Banking Services Banking Managing Accounts Lending Money
Storing Valuables
Financial Services
Depositor Protection

7. Managing Depositor Accounts types of accounts
Checking provides quick access to money
Savings not intended for daily use
Credit Card borrowing money and paying it back at a later date

8. Managing Depositor Accounts Account Services
Accepting Deposits
Handling Withdrawals
Offering Convenience
Automated Teller Machine (ATM)
Electronic Funds Transfer (EFT)
Debit Card

9. Other Banking Services
Lending Money
Storing Valuables Safety Deposit Box
Think About It
What are the advantages of a safety deposit box? What items might you choose to be secured at a bank?
Keeps items safe from theft and fire. Important documents (birth or marriage certificates, insurance policies, property deeds), Jewelry, Irreplaceable Family Photos, Stocks or Bonds Certificates, Foreign Currency, etc.

10. Financial Services Financial Advice
Investment Services purchasing stocks (shares in private businesses) and bonds (shares in government holdings)
Think About It
What is the difference between savings and investments?
What is the difference between savings and investments? RISK

11. Protecting Deposits
Federal Deposit Insurance Corporation (FDIC) Federal government agency that insures commercial banks for $250,000 per depositor per institute
National Credit Union Administration (NCUA) Federal government agency that insures credit unions for $250,000 per depositor per institute
Federal Reserve System Answer each question as you watch this video about “the Fed.”
Video:
Watch first 2 minutes only – the rest is about the Atlanta bank.

12. Think About It…
Answer the questions about BANKNG on your note guide.

13. Demonstrate maintenance of checking and savings accounts.
Task 79

14. Checking Account Project
In order to prepare for your summative assessment, which is a Checking Account Project, complete the following tasks:
Follow the directions on the last page of your notes to practice correctly writing a check.
Follow the links (VISION) to complete the following tasks:
Read about Tracking Your Checking Account.
Complete the Balance Your Checking Account practice.
If time permits, play the Spending Challenge game.
Tracking 
Balance 
Spending Challenge 