Banking and Monetary Policy

First Semester Fall 2011-2012Mr. Retzbach

Welcome

Get to know each other What is expected of you. What you can expect from me. Syllabus/Textbooks What are you learning in this class.

Agenda

Name Grade Favorite hobby Sports team Summer event

About you

About me

Rules Procedures

Class

Banks

How are banks organized?

http://www.docstoc.com/docs/19702108/ORGANIZATION-CHART-OF-THE-WORLD-BANK

Things you just need to know: ◦ Delegation◦ Decentralization◦ Departmentalization ◦ Market segmentation◦ Business loans◦ Consumer banking◦ ATMs ◦ Loan◦ Fund management◦ Bank marketing◦ Auditor

Terms

http://www.handsonbanking.org/HOB_teens_en.html

http://www.gcflearnfree.org/moneybasics/6.1

Withdraw/ deposit slip Writing checks Depositing paychecks Maintaining a check book Online banking

Banking

Central bank

Commercial bank

Credit Union

Investment bank

Savings and loan associations

Retail Bank

Types of banks

Find the possible careers in a bank Give their function as far as dealing with

customers, responsibilities at a bank, and how they make the bank money.

Banking positions

Define the banking regulatory bodies in the US

What do they regulate?

How are the heads of each organization chosen? Structure?

Revenue?

Banking Regulations

Federal Reserve

FDIC

Office of the Comptroller of the Currency

National Credit Union Administration

Office of Thrift Supervision

Regulatory Bodies

Banks, like any industry, can merge with other banks◦ Streamline operations (cut the fat)◦ Acquire a brand or service◦ A bank fails

Banks cannot go bankrupt◦ FDIC◦ Other bank

Mergers and Failure

Find 5 examples of bank mergers◦ Give possible reasons for merger

Find 5 banks that have failed and give who is now in control of the bank

Assignment