Download Financial Institutions

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List various services offered by financial
institutions
Describe how financial institutions are
important to the business world and the
economy
Explain how businesses rely on banks and
other financial institutions for specific
services and products
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Bank
Cooperative
Credit Union
Insurance Company
Investment firms
Savings and Loan
Thrift
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Banks
◦ Take 1 minute as a group write down as many
words and ideas you can associate with banks.
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Insurance Companies
Savings and Loans/Thrifts
Investment Firms
Credit Unions
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What are the three most important words or
ideas associated with each institution?
While discussing their charts, explain to the
students that financial institutions are an
integral part of the financial marketplace
Their role in business and industry is
important not only to the economy but also
to an individual’s well-being.
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Download- Anticipation Guide: Financial
Institutions
◦ Complete the first two sections of all the questions.
Do NOT complete the I learned section yet
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Download- Reading: Financial Institutions
◦ Revise the anticipation guide and add words or
phrases to your descriptions
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Assign students to identify one bank and one
credit union, that is local to their area. Have
students write the address and other contact
information for each institution and then
identify specific services offered by the
financial institutions.
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Download- Assignment: Acrostic Poem
◦ How does the example at the bottom:
 Meet the requirements for this assignment?
 In this example, what did the author do well?
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Work as a group to create ideas but each
individual will turn in a poem
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Based on what you have learned, which
financial institution do you think is the most
important to a business? Explain your
reasoning.
Services provided by financial institutions are
essential to businesses of all sizes
From basic banking products to services that
provide businesses with capital, companies
rely on financial institutions for assistance
with their monetary affairs.
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Social Studies: Ask students to research an
international financial institution such as the
World Bank or the International Monetary
Fund. Have students study the history,
organization, and purpose of each institution
and then report their findings to the class.
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Technology: Have students investigate the
different ways that technology has changed
the financial services industry. What are the
implications for individuals starting careers in
this industry? Students should report their
findings to the class.