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Types of Bank Accounts: We work all our lives for it, to put it in the bank, to save for retirement. Between the times that

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Types of Bank Accounts: We work all our lives for it, to put it in the bank, to save for retirement. Between the times that we begin to save money and retirement we hope that our money is working for us. In this module, we will begin to learn some of the basics of managing our money. Primarily, we must begin by understanding what Bank accounts are available and how they work. Students will define and give examples of the following Banking Account Types: Demand Deposits Checking Accounts Interest Bearing Checking Accounts Time Deposits Savings Accounts Money Market Deposits (MMDA's) Certificates of Deposit GPSS Standards: CTAE-FS-11 Entrepreneurship Foundations

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