FIN 101 - Principles of Banking

1. Demonstrate the effect of full service commercial banking on the economy, the community, businesses, and individuals
2. Explain the relationship between the deposit function, the credit function, and the payments function
3. Evaluate the history of banking to judge the future of banking based on where it is today
4. Identify the basic banking terms
5. Describe the services that banks offer to governments, businesses, individuals, and correspondents
6. Explain the different types of accounts
7. Demonstrate how deposits are made, examined, sorted, proved and processed
8. Identify the bank’s legal relationship with various types of depositors
9. Explain check processing and collection
10. Recognize the difference between paying and cashing a check
11. Identify the various types of bank loans and investments
12. Relate bank regulations to the operations of a bank