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February - Banking and Financial Systems
COMPETENCIES​
  1. Financial institutions
    1. Definition and purpose
    2. FDIC
    3. Types 
      1. Retail and commercial banks
      2. Credit unions
      3. Insurance companies
      4. Brokerage firms
      5. Savings and loan institutions
      6. Investment banks
    4. https://www.thebalance.com/what-is-a-financial-institution-5190896
  2. Types of banking services
    1. Checking account 
      1. Overdrafts
      2. Service charges
      3. Direct deposit, electronic funds transfer (EFT), ATMs, cashless banking
      4. Opening a checking account
      5. https://www.investopedia.com/terms/c/checkingaccount.asp
    2. Savings account
      1. https://www.investopedia.com/terms/s/savingsaccount.asp
    3. Certificate of deposit (CD)
      1. https://www.investopedia.com/terms/c/certificateofdeposit.asp
    4. Money market account
      1. https://www.investopedia.com/terms/m/moneymarketaccount.asp
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February QUIZ

Updated  2/23/22

  

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SINCE 1957
Maryland FBLA was established in April 1957, with the first chartered chapter at Forest Park High School in Baltimore. There are five administrative regions in Maryland FBLA, each headed by a Regional Vice President. In January, each region hold a competitions to decide the members eligible to compete at the State Leadership Conference in the spring. Members placing first, second, third, or fourth in their competitive event at the SLC are eligible to compete at the National Leadership Conference hosted by National FBLA-PBL.

​www.fbla-pbl.org



 
QUICK LINKS​

CONTACT US
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  • Home
  • About
    • 2022-2023 State Officers
    • Board of Directors
    • Pledge, Goals, Creed >
      • 2021-2022 State Officers
    • Adviser Wall of Fame
    • Maryland FBLA Regions
  • Conferences
    • 2023 Regional Leadership Conferences
    • 2022 State Fall Leadership Conference
  • News
    • Key Dates
    • MDFBLA Newsletter
    • Photos and Videos
  • Advisor Resources
  • Member Center
  • Contact Us
  • State Officer Election