Module 6: Banking

In this module, you've explored how to select a bank, how to record transactions, and how to reconcile your account. Now, you're going to put that knowledge into practice by using real-world institutions and numbers to complete an assignment.

Parts I, II, and III

For Parts I, II, and III of this assignment, you will need to download and complete the Banking Worksheet. In Part I, you will compare and select a financial institution in your local community and decide which one meets your financial needs. In Part II, you will need to manage a fictitous bank account by submitting deposits and writing checks. In Part III, you will assist a friend in managing their account. Futher instructions for each part of the assignment are provided on the Banking Worksheet.

After you have completed Parts I, II , and III, submit your Banking Worksheet to the dropbox.

 

Part IV

In this part of the assignment, pretend that you have been asked by the Federal Reserve to join a project about online banking. Create a poster or billboard sign that identifies the top six items you feel someone should know about online banking. When creating your poster, you should consider the following factors in online banking: convenience, safety precautions, advantages, and disadvantages. Review the Online Banking Poster Checklist, so that you know how your assignment will be graded.

Suggestions for creating and submitting your poster include:

• Create a hand-written poster with illustrations. Then, take a digital photo of the completed work and submit the photo file to the dropbox.
• Create a hand-written poster with illustrations. Then, scan the completed work and submit the scanned file to the dropbox.
• Create a digital poster using available software (e.g., a presentation, publishing, paint, or graphics application). Submit the completed file to the dropbox.

Once you have completed this module, please complete the module test.