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Illustration of Banks and Banking

Banks and Banking

Banks and banking represent the system of financial institutions that safeguard money, offer credit…

Reads at Pre-K Listens at Pre-K–1

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28 worksheets · answer keys · full story · quiz · Ages 3-5 · CEFR A1

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The story

The Story of the Friendly Bank

Do you have a special spot where you keep your favorite things? Maybe it’s a bright red toy box for your blocks or a little piggy bank for your shiny coins. It feels good to know your treasures are safe. Imagine a big, strong house for the whole town’s treasures. A place so safe and sound, everyone can keep their special things there. I am that special place. Hello. I'm your friendly neighborhood Bank, and my job is called Banking.

I have been helping people for a very, very long time. Way, way back, even before your great-great-great-grandparents were born, around the year 2000 BCE, people in a warm land called Mesopotamia needed a safe place. Priests in big, strong temples would watch over everyone's valuable grain and shiny metals to keep them protected. Much later, in a sunny place called Italy, I got my name. People who helped with money, called money changers, sat on long wooden benches. The word for bench was ‘banca.’ Soon, everyone started calling me a Bank. From a big temple to a little bench, I was always there to help.

Today, I am still helping. I help families save their money to buy a new house with a big backyard or to go on a fun vacation to the beach. Do you love yummy cookies or storybooks? I help grown-ups start their own shops, like a bakery that smells of sweet cinnamon or a bookstore filled with colorful pictures. When I help someone open a new store, it makes the whole neighborhood happy. My favorite thing to do is watch everyone's dreams grow, just like a tiny seed grows into a big, beautiful flower. I love helping everyone.

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About

Banks and banking represent the system of financial institutions that safeguard money, offer credit, and provide other financial services to help individuals, businesses, and governments manage their finances.

First evidence of banking 2000 BCE
Founded 1407 CE
Founded 1694 CE

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What does the word 'safe' mean?

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Banks and Banking
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