Financial Literacy: Checking Accounts

Question of the Day: How much are the average overdraft, maintenance, and out-of-network ATM fees?

Examine this infographic: Checking Accounts: How You Can Access Your Money

Watch this video: Are Credit Unions Better than Big Banks?

Read this article: 10 Reasons to Open a Checking Account

Watch this video: How To Read Your Bank Statement And Why It’s Important To Do So 

Complete the 2.1 Student Activity Packet in Teams.

Learning Targets:

  • I can explain what a checking account is used for.
  • I can understand the variety of ways they can deposit and withdraw funds from their checking account.
  • I can explain the pros and cons of opening a checking account at a credit union.
  • I can understand what the various components of a bank statement mean to interpret where their money goes.

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