See all 10th-12th Grades Standards
Banking

Banking

Game
Try it Out

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

5131: ADVANCED PERSONAL FINANCE

I: FINANCIAL INSTITUTIONS AND BANKING SERVICES: Financial managers demonstrate knowledge of banking services.

Standards
Defined by Advanced Personal Finance Code: 5131 10th-12th Grades and align with Banking
1: Differentiate between various financial institutions (e.g., banks, credit unions, payday lenders, consumer finance companies).
2: Distinguish between different types of banking accounts and evaluate services and related costs associated with them.
3: Describe how FDIC and FSLIC insurance protect customer accounts.
7: Assess different fees and incentives associated with online, mobile, and traditional banking (i.e. overdraft, ATM, and checking account fees).
8: Identify and compare examples of savings options (e.g., CDs, money markets, savings accounts, holiday accounts).
9: Differentiate between and calculate simple and compound interest.
12: List requirements and forms to open checking and savings accounts (e.g., social security number, state-issued ID, minimum opening deposit).
13: Maintain a check register, including proper procedures for handling deposits, withdrawals, and check writing.
14: Reconcile a checking account.