Getting to know the Banking System

Explain how banks get their money to do business and identify services that banks offer to stay competitive.

Last updated 5/2010

English

Course content

1 section • 4 lectures • 0m total length

Banking Terms You Need to Know0:27
Medium of ExchangeIdentity TheftCreditworthyDepositerSpreadProfitAssetLiquid AssetLiabilityReturn on Assets (ROA)Return on Equity (ROE)EquityNiche MarketDeregulation
Banking Systems Chapter 153:00
What is a bank? How does the bank get the money to give you when you cash a check or draw money out of the ATM? Are all banks the same? How do banks keep your money safe? How do you become a creditworthy customer? Assets and liabilities, profitablity, and new banking services; on, my!
Other sources0:19
http://www.bankersonline.com/abcsoup/abcsoup.htmlhttp://www.bankrate.com/
Assessment0:09
What makes a creditworthy customer?Are all banks created equal?What is the difference between ROA and ROE?

Explain how banks get their money to do business and identify services that banks offer to stay competitive.