Banking Review
Created byJanet Barcaro
Table of Contents
About theAuthor
About the Author
• Business education teacher at Interboro High School.
• May 5, 2001- Master’s Degree in Applied Technology/Instructional Design.
• Sponsor of the Future Business Leaders of America
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Table of Contents
Parts of a check Federal Reserve System
Banking AcronymsEXIT Fun Web Sites
Federal Reserve System Menu
Map of Federal Reserve
Alan Greenspan
Federal Reserve Activities Go figure!
Takin’ Care of Business
EXIT MENU
Alan Greenspan
• Chairman of the Board of Governors of the Federal Reserve System
• Chairman of the Federal Open Market Committee, the System's principal monetary policymaking body.
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United States Federal Reserve Districts
Philadelphia
District 3
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Go Figure!
If you deposit $2000 in your bank, your bank must keep 15% in reserve. Your bank can lend the rest. How much of your money can the bank lend to others?
$30 $170 $300 $470 $1700
Select the correct answer and hear the applause!
Select the wrong answer and beware!MENU
Federal Reserve Activities
Bank for banksAccepts deposits from member banks
Lends money to member banks
Holds reserves 15% Acts as a clearing house
Sets monetary policy
Watch as the six major activities of the Federal Reserve Appear
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Parts of a Check
Drawer Check #
datepayee
Amount in Numbers
Amount in Words
Drawee
Memo
Account Number
Drawer
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• FDIC
• EFT
• Fed
• FSLA
• NCUA
Banking Acronyms
• Federal Reserve System• Federal Savings and Loan
Association• Electronic Funds Transfer• Federal Deposit Insurance
Corporation• National Credit Union
Administration
Match the acronym to the business term. The answer will appear every eight seconds. Check your answers.
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Learn More About BankingWeb Sites for Info and Games
• http://www.thetopnotch.com/greenspan/
• http://www.ex.ac.uk/~RDavies/arian/llyfr.html(The History of Money)
• http://www.usmint.gov/kids/
(How the US Mint makes money and history of coins)
•http://mutualfunds.about.com/money/mutualfunds/library/weekly/aa112500a.htm MENU