Financial Fitness Program. Banks and Other Financial Institutions. Key Points. Banking Industry Regulators Types of Financial Institutions What do Banks Offer Bank Products and Services Electronic Banking Services Checking Accounts Check 21. United States Banking Regulators.
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Banks and Other Financial Institutions
Money Market and Certificate of Deposit Accounts
Money Orders, Cashiers and Traveler’s Checks
Wire Transfers and International Remittance Services
Electronic Banking ServicesMainstream Bank Products and Services
What is Go Direct? A Great Savings Tool!
Sue writes check to hotel
Hotel’s bank credits its account
Hotel deposits check into local account
Check is routed through Federal Reserve System to Sue’s bank
Fed electronically transfers money and credits hotel’s bank
Bank verifies check
send a substitute check in place of the original.
What is Identity Theft ?