Banking

Banking

Game • 45 min of learning

Here's how Banking aligns with curriculum standards in Arkansas. Use the filters to change the location, set of standards, and grade level.

Financial Literacy

Standard 1.0: Assess the role of money in personal finance.

Performance Indicator 1.1: Assess the role and functions of money in the economy.

Standards
Defined by Financial Literacy Model Framework 10th-12th Grades and align with Banking
1.1.1: Research the origins of money and its role in the economy.
1.1.2: Investigate the regulatory roles of the U.S. Treasury and the Federal Reserve in establishing monetary policy.

Performance Indicator 1.5: Assess the impact of interest on borrowing and investing.

Standards
Defined by Financial Literacy Model Framework 10th-12th Grades and align with Banking
1.5.1: Compare the effects of interest rates as applied to saving and loaning money.
1.5.2: Examine how consumers are affected by raising and lowering interest rates.
1.5.3: Describe concepts relating to simple and compound interest.

Standard 2.0: Analyze the services financial institutions provide for consumers.

Performance Indicator 2.1: Evaluate types of financial institutions and services they provide.

Standards
Defined by Financial Literacy Model Framework 10th-12th Grades and align with Banking
2.1.1: Distinguish between types of financial institutions and their regulatory agencies (FDIC, NCUA).
2.1.3: Research banking services available to consumers (checking, savings, CDs, mutual funds, money‑market accounts).
2.1.4: Explore the process for opening different types of accounts.

Performance Indicator 2.2: Investigate types of consumer protection and concepts of credit abuse and fraud.

Standards
Defined by Financial Literacy Model Framework 10th-12th Grades and align with Banking
2.2.4: Assess the need for banking insurance and the role it plays in achieving financial security.