Lesson III:
Financial Institutions and Services

Establishing an account relationship with a financial institution is a basic stepping-stone to financial security and achievement of financial goals. Many families, particularly those of low and moderate income, conduct their financial affairs without a banking relationship. In this lesson we will examine how the banking system works and explore why some individuals do not use financial institutions. What are the barriers to establishing a banking relationship? What are the alternatives? Are these alternatives meeting the needs of individuals? What may be our role as educators?

Lesson Contents

Work through these at your own pace. Each part includes readings and activities which must be completed to finish the entire lesson.

Lesson Checklist Print for your reference

Resources