Skip to main content

Checking account basics

Updated

Students read a handout to learn about opening a bank or credit union account and then simulate asking a representative questions to determine if the account is for them.

Big idea

A checking account can be a useful tool for managing finances.

Essential questions

  • What is a checking account?
  • How do you determine if a checking account is a good fit for your needs and your situation?

Objectives

  • Understand basic information about checking accounts
  • Use a checklist to help prepare you to open a checking account and determine if the account is right for you

What students will do

  • Read a text with basic information about checking accounts.
  • Answer basic comprehension questions.
  • Engage in a simulation activity about meeting with a bank or credit union representative to open an account at that institution.
  • Reflect on how they might use a checking account in the future.

Download activity

Teacher guide

Checking account basics (guide)

Student materials

Checking account basics (worksheet)

Explore related resources