Mini-Case the Bank of Bramblewood Survived the Great Depression Through the the Dedication

question 12

Multiple Choice

Mini-Case
The Bank of Bramblewood survived the Great Depression through the dedication, hard work, and conservative practices of its first president, Red E. Kash. Indeed, Red's personal drive and business skills helped the Bank of Bramblewood thrive during his 50-year tenure as president. After his retirement his granddaughter, Patty, took a position with the bank. Patty inherited her grandfather's business skills and by 1994 she had risen to become the second member of the Kash family to head the bank.
Patty admits she owes a great deal to her grandfather's leadership and advice, but she also quickly points out that the banking industry has changed significantly since Red retired. Patty graduated from college with a degree in finance, and also holds several certifications with the American Institute of Banking. "What Granddad achieved during his era was truly remarkable," Patty points out. "But times have changed, and banking regulations and bank competitors have certainly changed. If we hope to prosper in this century we have to adjust to new competition, learn to work with new technologies, and take advantage of new opportunities. The Bank of Bramblewood has always operated for the benefit of our customers and we will continue to do so. But we must serve them more efficiently and creatively than in the past."
-Since the Great Depression and still today, the Bank of Bramblewood has the FDIC designation. This means:

• A) the bank is a member of a consortium of banks that can pool funds to make loans too big for any single bank to finance.
• B) the bank gives preference to veterans.
• C) the depositors of the bank are also its owners.
• D) individual accounts at the bank are insured by an independent agency of the federal government.

Recognize the importance of mutual perspective-taking opportunities in advancing adolescent reasoning.

Understand the impact of societal beliefs on adolescent development.

Learn about the sleep requirements for healthy adolescent development.

Know the trends and factors associated with school dropout rates.

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Definitions:

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