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Bank Provided Services Consumer Economics Graduation Requirement Senior Seminar 2013-2014
Bank Provided Services Savings account Loans- Mortgages/home/business/student Checking account Debit card Credit card Cashiers check / certified check Travelers Checks Saftey Deposit Box
Bank Provided Services Banker/Financial services Debt Consolidation Insurance Loans and Lines of credit Order Foreign Currency Overdraft Protection Prepaid Card Money Transfer Online Banking Services
Bank Provided Services Direct Deposit 24/7 Deposit access ATM- Automatic Teller Machine
Currency Exchange Provided Services Consumer Economics Graduation Requirement Senior Seminar
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Personal Finance. Four common Financial Institutions Commercial banks Savings and loan associations (S&Ls) Credit Unions Brokerage Firms.
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Banking products and operations. withdrawal A withdrawal in a bank / withdraw money = to take money out of a bank account.
Finding Financial Services Review. A financial institution that provides compensation in case of a disaster or accident.
1. Explain the difference between “commodity” and “fiat” money. 2. Because the melt value of a pure copper penny is $.03, how are pennies now made?
© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 17 SLIDE Banks and Other Financial Institutions 17-2.
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