What is a Bank? A Simple Explanation for Kids and Beginners

This video answers the basic question "What is a Bank" in a simple, kid-friendly way. ⬇️ Click SHOW MORE for details ⬇️ The video addresses the topics below: - What is a Bank - What do banks do (give loans, take deposits, issue checks and debit cards, issue credit cards, give mortgages, issue banker&checks, etc) - How do banks make money - Are there different types of banks (traditional banks, internet-only or online-only banks, investment banks, etc) Hope you like the video and stick around for more finance fun! And please let us know your thoughts (or a suggestion for a video) by leaving a comment. ⬇️ RELATED VIDEOS ⬇️ ⬇️ RELATED PLAYLISTS ⬇️ ------------------------------------------------------------------------------------ ** Easy Peasy Money ** A Fun Money & Budgeting Book for Kids. The book covers all aspects of money: Earning, Spending, Saving, Investing, Borrowing and Budgeting. ** Easy Peasy Investing ** A Fun Investing Book for Kids. The book covers all aspects of investing: Compounding, Risk-Return, Liquidity, Asset Classes, Diversification, Asset Allocation and Portfolio Rebalancing. ** Easy Peasy Banking ** A Fun Banking Book for Kids. The book covers all aspects of banking: Banks, Credit Unions, Checking & Savings Accounts, ATMs, Checks, CDs and Online & Virtual Banking. ---------------------------------------------------- TWITTER: @easypeasyfinanc #Banking #Finance101 #FinanceForKids #FinanceForBeginners...