This publication provides an overview of the banking system for young people. Topics include checks clearing, currency circulation, methods of payment, electronic banking and the role of the Federal Reserve. Designed for students with an understanding of the U.S. banking system. (Revised in 2007)

Banking Basics

To order printed copies, please contact:

Public and Community Affairs Department
P.O. Box 55882
Boston, MA 02205
1-800-409-1333
bostonfed.publications@bos.frb.org

or visit

PICNIC, the Federal Reserve System Publications Catalog