About This Lesson
Banking includes making choices on what kind of account to place money. Checking accounts provide easy access to money that will need to be used in the immediate future. Savings accounts provide safe keeping of funds for use at a later time. Investment accounts are for saving money for a later time in the future in hopes of making more money over time. In this activity, students become familiar with choices of basic banking services and make connections to the functions of the local bank in their community.