Title: Evaluate services and related costs associated with personal banking.
Course: Personal Finance (19262-II) > Section: Demonstrating Knowledge of Banking Transactions

Evaluation should include use of a decision-making model to compare services and costs provided by financial institutions, such as

- checking and savings accounts and associated interest rates
- certificates of deposit (CDs)
- money market accounts
- loans and trusts
- money orders
- safe deposit boxes
- brokerage services
- automated teller machines (ATMs)
- credit cards
- customer relations
- fees (e.g., overdraft, monthly maintenance, stop-payment)
- disclosure statements
- peer-to-peer services
- micro-payment providers (i.e., installment payment providers now available at most retail and e-retail outlets).