---
title: "SSPFL6: Financial Institution Functions (Georgia Social Studies standard)"
code: SSPFL6
cite_as: Georgia Standards of Excellence, Social Studies, SSPFL6
subject: social_studies
grades:
  - high-school
language: en
canonical_url: https://georgiahomeroom.org/standards/code/SSPFL6
md_url: https://georgiahomeroom.org/standards/code/SSPFL6.md
alternate_language_url: https://georgiahomeroom.org/es/standards/code/SSPFL6.md
source_url: https://case.georgiastandards.org/ims/case/v1p1/CFDocuments/a446e74c-463e-11e7-94f5-b49cee8b2d8c
source_last_changed: 2025-02-04
data_built: 2026-09-18
publisher: Georgia Homeroom, a free public-interest project of Georgia Civic Data. Not affiliated with or endorsed by the Georgia Department of Education or any school district.
up: https://georgiahomeroom.org/standards/social_studies/high-school.md
index: https://georgiahomeroom.org/standards/index.md
---

# SSPFL6: Financial Institution Functions

Analyze the purpose and functions of various financial institutions.

- Subject: Social Studies
- Appears in: High School, https://georgiahomeroom.org/standards/social_studies/high-school.md

## Expectations

- **SSPFL6.a**: Analyze services offered by different financial institutions including banks, credit unions, payday lenders, and title pawn lenders.
- **SSPFL6.b**: Explain that some financial institutions are for profit and others are non-profit and how that affects the lending behavior of the institution.
- **SSPFL6.c**: Compare the benefits and drawbacks of different financial institutions including banks, credit unions, payday lenders, and title pawn lenders.
- **SSPFL6.d**: Describe difficulties “unbanked” people face; including lack of security, difficulties securing financial services, and increased financial cost compared to using traditional financial institutions.

## Georgia Milestones coverage

No Georgia Milestones blueprint cites this standard.

Source: Georgia Standards of Excellence, published by the Georgia Department of Education at case.georgiastandards.org.