Depository Institution Discovery. 2.7.2.G1 © Family Economics & Financial Education – Revised April 2006 – Get Ready to Take Charge of Your Finances –
Depository Institution Discovery. 1.2.1.G1 © Take Charge Today – Revised April 2006– Depository Institution Discovery – Slide 2 Funded by a grant from.
Bank’s Logo Check 21 and Image Exchange. 2 11/19/03 Agenda Payments System Check 21 What the Check 21 Does Not Cover Implementation of the Check 21.
Warm-up: April 11 What’s the difference between a checking and savings account?
CHAPTER 7 & 8 THE FEDERAL RESERVE, MONETARY POLICY, AND INTEREST RATES.
CHAPTER 7 THE FEDERAL RESERVE, MONETARY POLICY, AND INTEREST RATES.
© 2013 The McGraw-Hill Companies, Inc. All rights reserved. Checks The check is used more than any other instrument of credit as a means of making payment,
Monetary Policy – actions the Fed takes to influence the level of real GDP and the rate of inflation in the economy (The Fed = The Federal Reserve)
On October 28, 2003 Congress unanimously passed & President Bush signed into law the Check Clearing for the 21 st Century Act or Check 21, to become effective.
Check 21 Changing How Banking is Done Today Presented by: Kimberly Feeney, Vice President Government Treasury Services Bank of America 312-828-2582.
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