Explore the fundamentals of personal banking in this comprehensive Family Finance Seminar session. Learn about various payment methods, the importance of financial institutions, and how to select the right one for your needs. Discover the process of opening accounts, understand the differences between savings and checking accounts, and gain insights into effective account management. Delve into modern banking conveniences such as ATMs, debit cards, and mobile banking. Presented by Barb Wollan, Family Finance Program Specialist from Iowa State University Extension, this hour-long seminar covers essential topics including overdraft protection and electronic banking features, equipping you with the knowledge to make informed financial decisions.
Overview
Syllabus
Intro
How do you pay?
Topics
Financial Institutions
Why use a financial institution?
Selecting a Financial Institution
Opening an Account
Savings Accounts
Checking Accounts
Managing an Account
Electronic Features
Automated Teller Machines
Debit Cards
Mobile Banking
Overdrafts
Taught by
Mary Greeley Medical Center
