1. Banking and
Private Financial
Institutions

2. Private Financial Institution

3. MONEY ROCK
Dollars and Sense:
$7.50 Once a Week:
Where the Money Goes:
Tax Man Max:
Walkin’ on Wall Street:
This for That:
Tyrannosaurus Debt:
The Check’s In the Mail:

4. Complete the Preview activity on your own.
Private Financial Institutions:
Complete the
Preview activity on
your own.

5. Relating to ___________ matters.
Private Financial Institutions:
Financial=
Relating to ___________ matters.
money

6. _______________ established for a particular purpose.
Private Financial Institutions:
Institution=
_______________ established for a particular purpose.
organization

7. One who uses money to make more ___________.
Private Financial Institutions:
Investor=
One who uses money to make more ___________.
money

8. A person who acts as an agent ___________ parties; a middleman.
Private Financial Institutions:
Intermediary=
A person who acts as an agent ___________ parties; a middleman.
between

9. to put into for _______________.
Private Financial Institutions:
deposit=
to put into for _______________.
safe-keeping

10. a charge for the use of ___________.
Private Financial Institutions:
interest=
a charge for the use of ___________.
money

11. Private Financial Institutions:
Private financial institutions act as intermediaries between __________ and ______________.
Savers
Borrowers

12. Characteristics of Private Financial Institutions:

13. Private Financial Institutions:
Characteristics: Include _______, Savings and ______, and Credit _______
Banks
Loans
Unions

14. Characteristics: Receive __________ and make ________.
Private Financial Institutions:
Characteristics: Receive __________ and make ________.
deposits
loans

15. Private Financial Institutions:
Characteristics: Encourage saving and investing by paying __________ on deposits.
interest

16. Borrower pays Bank back + interest
Private Financial Institutions:
Saver
Deposits money
into the bank
Gives loan
To borrower
Bank Gives Saver
Interest in Return
*Remember:
the bank is
a business!*
Borrower pays Bank back + interest
Borrower

17. Complete the Processing Activity on your own.
Private Financial Institutions:
Complete the
Processing Activity
on your own.