1. Banks!

2. What is a bank?
What is a bank:
Main jobs of banks:
Storing money
Lending money

3. Are Banks safe?
Top 5 Stupidest Bank Robbers:
If your money is stolen, lost, or the bank goes out of business, you are guaranteed to get your money repaid up to $250,000 per account
The FDIC (Federal Deposit Insurance Corporation) is insurance promised by the government up to that limit

4. Comparing Payments There are lots of ways to pay for things!
Cash
Checks
Debit Card
Credit Card
Gift Card
Prepaid Card
Directions: In partners or alone, complete the Comparison Chart in the Debit vs. Credit assignment

5. Checking your understanding
Credit
Debit
Have students create a Venn Diagram together on the board to compare debit vs. credit cards.

6. Bank Skills: Depositing and withdrawing money
Deposit: Put money into your bank account
Withdraw: Take money out of your bank account
You have to fill out some paperwork to deposit or withdraw money

7. Deposit Tickets Date: Today’s date, including year
Name: Your full, legal name
Account number: Your bank account number. To practice, pretend it’s “123456”
Cash: Write the total amount of any coins or bills that you are depositing
Checks: List the amount each check individually
Subtotal: Cash deposit + check deposits
Less Cash: If you want some cash to keep (instead of putting it into your account), write it here
Total: Subtotal minus Less Cash lines. This is the amount that goes into your bank account.

8. Deposit Ticket Group Practice:
Fill out this deposit ticket to show the students. You can choose the amounts, but be sure to use each line to show them what to do! 
Then, pass out the Money and Check Print Outs paper and Deposit and Withdrawal Tickets papers to each student. Have them practice two with money amounts that they could actually make with their cash and check.

9. Withdrawal Group Practice:
To take money out of your bank account, you must first have money in the bank account. Then, you can withdraw the money when you want to. Write the dollars and cents that you want to withdraw at the bottom.
Show an example of a withdrawal slip and then let students practice withdrawing money from their bank account with the Deposit and Withdrawal Tickets.

10. Checks!
You can use a check to pay people money out of your bank account.
Never write a check for more money than you have in your account. The bank will charge you fees and whoever you wrote it to will be very upset!

11. Check Group Practice:

12. Pay your teacher $1,000,000!
Have students come up and write each part of the check. Then, have them practice writing their own checks.

13. Bank Research Your job: Research bank options for you!
Use your computers and the Bank Research papers.
Research 3 local banks.
For each bank, write down three services, unique qualities, or interesting facts about this bank
Put this in your notebook when you are done