Ch 4: Banks & Other Financial Intermediaries

About This Chapter

This series of engaging finance lessons covers banks and financial intermediaries. Access these mobile-friendly lessons and quizzes at any time to strengthen your knowledge, prepare for school or credit-granting exams, bring up your grades or catch up in class.

Banks & Other Financial Intermediaries - Chapter Summary

This comprehensive finance chapter explores the different types of banks and financial intermediaries. Work through the chapter at your own pace to examine commercial banks, pension plans, mutual funds, brokerage firms, U.S. banking system institutions and more. These fun and informative lessons come with multiple-choice quizzes to help you reinforce the financial terms and concepts you study. The chapter is also available 24/7, which enables you to study whenever you have free time. By the end of the chapter, you should be able to:

  • Define and describe types of financial institutions, financial intermediaries, brokerage firms, mutual funds and life insurance companies
  • Understand the purpose and functions of central and commercial banks
  • Recognize U.S. banking system institutions
  • Explain the roles of investment bankers and securities markets
  • Describe the characteristics of pension and retirement plans

10 Lessons in Chapter 4: Banks & Other Financial Intermediaries
Test your knowledge with a 30-question chapter practice test
Types of Financial Institutions: Definition, Examples & Roles

1. Types of Financial Institutions: Definition, Examples & Roles

In this lesson, we'll explore three types of financial institutions and their roles in financial intermediation. By the end of the lesson, you should also be able to provide an example or two of each type of institution, some of which you may have already used in real life.

Financial Intermediaries: Definition, Types, Role & Advantages

2. Financial Intermediaries: Definition, Types, Role & Advantages

In this lesson, you'll understand the process of financial intermediation. We'll also discuss the players in the process, the types of financial intermediaries as well as the advantages of financial intermediation.

Central Bank: Definition & Purpose

3. Central Bank: Definition & Purpose

Learn who controls all of the money in the United States. Find out what the main functions of a central bank are and how it impacts your ability to get a job, the interest you pay on your car loan, and more.

Institutions of the U.S. Banking System

4. Institutions of the U.S. Banking System

The United States banking system is diverse and consists of many different types of institutions. In this lesson, you'll learn about commercial banks, savings and loan associations, credit unions, and investment banks.

What Are Commercial Banks? - Definition, Roles & Functions

5. What Are Commercial Banks? - Definition, Roles & Functions

You may not realize it, but there are different types of banks and not all banks are authorized to do the same things. In this lesson, you'll learn about commercial banks, including their role and function in an economy. A short quiz follows.

Securities Markets and Investment Bankers

6. Securities Markets and Investment Bankers

Securities markets and investment banks provide opportunities for companies to obtain capital and people to make investments to increase their wealth. In this lesson, you'll learn about securities markets and the players involved.

What is a Brokerage Firm? - Definition & Types

7. What is a Brokerage Firm? - Definition & Types

In this lesson, you'll learn about several different types of brokerage firms. You'll also learn about the different types of services each type of brokerage firm provides. Some even offer smartphone access!

What is a Mutual Fund? - Definition, Types, Advantages & Examples

8. What is a Mutual Fund? - Definition, Types, Advantages & Examples

This lesson will define a mutual fund, a type of investment vehicle. Also in this lesson, various types of mutual funds will be explained, and advantages and examples of mutual funds will be explored.

Understanding Retirement and Pension Plans

9. Understanding Retirement and Pension Plans

Businesses use many different types of retirement plans for their employees. Two of the most common are pension plans and 401(k) plans. This lesson discusses these two kinds of retirement plans.

Life Insurance Companies: Definition & Types

10. Life Insurance Companies: Definition & Types

When it comes to selecting a life insurance policy, you have two types of companies to choose from. Learn what these two types are and what makes them different.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

Earning College Credit

Did you know… We have over 200 college courses that prepare you to earn credit by exam that is accepted by over 1,500 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.

To learn more, visit our Earning Credit Page

Transferring credit to the school of your choice

Not sure what college you want to attend yet? Study.com has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.

Support