Title: Research the services offered by financial institutions.
Course: Family and Consumer Sciences Exploratory III (19251-36) > Section: Maximizing Consumer and Family Resources

Research should compare

- automatic teller machines (ATMs)
- online, virtual, and/or mobile banking
- peer-to-peer payment applications
- debit cards
- identity-theft protection
- fees
- interest rates
- incentives
- special promotions
- investments.

Process/Skill Questions:

Thinking

- What is the difference between a debit card and a credit card? What are the advantages and disadvantages of each?
- What is the difference between a savings account and a checking account? What are the advantages and disadvantages of each?

Communication

- What information can you obtain from an ATM?
- Why is it important to protect your personal identification number (PIN)?

Leadership

- Why is it important to evaluate services before choosing a financial institution?
- How can you demonstrate your understanding of financial services?

Management

- What is identity theft? What are the consequences if your identity is stolen?
- Why is it important to evaluate special promotions from financial institutions before accepting any offer?