What measures do financial institutions have in place to make sure you don't lose your cash?

With recent bank failures, it's understandable to worry about the safety of your hard-earned money. That's why it's important for us to know where we can safely store that money and what protections are in place when we decide to trust an institution with our deposits. This video from TwoCents titled "Is Your Money Safe in a Bank?" explains the historical events that birthed the FDIC and what financial institutions do today to make sure the money you choose to deposit doesn't get lost.

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The NGPF Banking unit has all the resources you'll need to get your students confident in making decisions about where to put their money.

About the Author

Ryan Wood

Ryan grew up with and maintains a love for learning. He graduated from the University of Wisconsin-Green Bay with a degree in Business Administration and worked in sports marketing for a number of years. After living in Texas, Colorado, Tennessee, and Minnesota, the call of education eventually brought Ryan back to his home state of Wisconsin where he was a Business and Marketing teacher for three years. In his free time he likes to spend time with his wife and daughter, play basketball, read, and go fishing. Now with NGPF, Ryan is excited to help teachers lead the most important course their students will ever take.