Here's how Opening an Account aligns with curriculum standards in Washington DC. Use the filters to change the location, set of standards, and grade level.
Saving and Investing
Knowledge Standards
SI.K.1: Compare the functions, benefits and drawbacks of different types of checking and savings accounts, including but not limited to regular savings, high-yield savings, money market, certificates of deposit (CDs), college savings, health savings and retirement savings accounts.
SI.K.5: Interpret the different types and purposes of various financial institutions available to an individual, including banks, credit unions and brokerage firms.
SI.K.6: Describe the role of government agencies such as the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), the Securities and Exchange Commission (SEC) and the National Credit Union Administration, along with their counterparts in state government in supervising and regulating financial institutions.
Skills Standards
SI.S.1: Identify practices for saving towards short- and long-term financial goals.