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Chapter 13: Managing Financial Resources

Link to Chapter 13: Managing Financial Resources

Course Outcomes/Goals -

  • Compare and contrast commercial banks, savings and loan associations, credit unions, and mutual savings banks.

The Functions of Money

13.2 Financial Institutions

This may be a one-sided argument, but you have to consider your options when choosing the best financial institution.

Why do we need financial institutions?

What's the difference between Depository and Nondepository institutions?

You book lists six financial institutions. Find a regional example for each institution. Look at the services they provide. Add a link to each site and some information about their services to this collaborative page

Why is the FDIC important?

What caused the financial crisis in 2008? Here are two videos that talk about The Big Short and its impact on the financial crisis.

How do banks expand the money supply?

The Assignment

Compare and contrast the financial institutions from this chapter (skip savings banks). In groups, create either an infographic or graphic organizer that shows the similarities and differences between the different financial institutions.