See all 9th-12th Grades Standards
Banking

Banking

Game • 45 min of learning
Try it Out

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

Personal Finance Course Level Expectations

III: Buying Goods and Services: People choose which goods and services to buy. Informed decisions involve collecting information, planning and budgeting.

Concept 4: Selecting Financial Institutions

Standards
Defined by Personal Finance Course Level Expectations 9th-12th Grades and align with Banking
A: Compare the services, service fees and requirements of various institutions such as banks, savings and loans, credit unions and virtual banks.
B: Calculate an account balance by recording deposits, withdrawals and debit transactions.
C: Analyze the costs and benefits of using or not using financial institutions and virtual exchanges.
D: Explain the importance of FDIC, NCUA and other security regulations to protect one's wealth in financial institutions.

IV: Saving: Saving is the part of income that people choose to set aside for future consumption or investment. Time, interest rates and inflation affect the value of savings.

Concept 2: Interest on Savings

Standards
Defined by Personal Finance Course Level Expectations 9th-12th Grades and align with Banking
A: Compare simple and compound interest.
C: Explain how the time value of money influences financial decision-making.

Concept 3: Saving Instruments

Standards
Defined by Personal Finance Course Level Expectations 9th-12th Grades and align with Banking
A: Identify saving instruments such as certificates of deposit and savings accounts.
B: Compare the liquidity, interest payment or penalty of various savings instruments.