Title: 3.4 Selecting Financial Institutions
Course: Personal Finance - Sample Missouri Syllabus - for Canvas Upload > Section: Section 3.4: Selecting Financial Institutions

a. Compare the services, service fees, and requirements of various financial institutions such as banks, savings and loans, credit unions and virtual banks.

b. Calculate an account balance by recording deposits, withdrawals and debit transactions.

c. Analyze the costs and benefits of using or not using financial institutions and virtual exchanges.

d. Explain the importance of FDIC, NCUA and other security regulations to protect one’s wealth in financial institutions.