There is lots of flexibility with this unit. Although it may seem small, this unit allows teachers and students explore topics in greater depth in a lecture/small group discussion format, online discussions, or student led lessons. This resource covers the role of cash management in personal financial management; types of financial institutions; FDIC/NCUA; and cash management products such as savings and checking accounts, bank services, and electronic banking services.

The strength of this unit is the flexibility it provides for teachers and students. The structure of this unit allows for a variety of instructional strategies to be utilized.

Note: this resource was contributed by Todd Williams and authored by Michelle Gibson Herman.

This lesson introduces students to the concept of financial institutions, such as banks, insurance companies, credit unions, investment companies, and more. First, use the briefing (found in Task 1) to teach students about this concept. Then, instruct students to develop informational charts about financial institutions. This briefing is a part of the Introduction to Finance Course Guide. To download it, visit mbastatesconnection.mbaresearch.org and select "Course Guides" under "Curriculum and Instruction."