Materials Needed: "Picking a Bank"
The facilitator should begin the activity by asking the following questions:
Facilitator should distribute a copy of "Picking a Bank" to each participant.
Facilitator should instruct each participant to obtain information about one traditional or online bank or credit union in response to the questions. Information can be obtained in person or online. Instruct participants to bring their completed data sheets on Day 2 of this activity.
It is important to note that banks, credit unions and online banks are regulated by state and federal rules and insure deposits.
Facilitator Tip: Be sure that all participants don't get information on the same financial institution; assign a variety of banks.
Discuss the variety of data that participants have found in response to the questions. Note that the best bank choice for one person may not be the best for another, depending on personal situations.
The facilitator should conclude this activity with the following questions:
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