Session:15 Understanding Money and Financial Institutions

Hot Links Address Book

Introduction to Business | Leadership Development – Micro-Learning Session

Rice University 2020 | Michael Laverty, Colorado State University Global Chris Littel, North Carolina State University| https://openstax.org/details/books/introduction-business

1. Tour the American Currency Exhibit to learn the history of our nation’s money at http://www.frbsf.org/currency.
2. The website of the Federal Reserve Bank of St. Louis offers an easy-to-understand explanation of how the Federal Reserve System works, called “In Plain English”: https://www.stlouisfed.org/in-plain-english/landing/home.
3. The FDIC gets so many requests about banks’ insurance status that it added an option to determine “Is my account fully insured?” on its website. Visit http://www.fdic.gov.
4. What goes on at a Federal Open Market Committee meeting? Find out by reading the minutes of the Committee’s latest meeting at http://www.federalreserve.gov/fomc.
5. Find out what other services the Federal Reserve provides to financial institutions at http://www.frbservices.org.
6. How did Abraham Lincoln do his banking? Take a cybertour of American banking history by clicking on the About the OCC tab at https://www.occ.treas.gov.
7. To find out if you’re eligible to join a credit union, visit the National Credit Union Administration’s credit union locator at https://www.ncua.gov.