Banking · Online Banking
Online Banking Lessons and Simulator
Teach online banking with an interactive classroom bank simulator, ATM practice, and lesson plans for Grades 4–12. Students manage their own accounts — earning paychecks, making deposits and withdrawals, building savings, paying bills, and sending money to classmates — all in a safe, privacy-first, teacher-managed environment.
Featured Tool
MI Bank in Money Instructor Classroom
MI Bank is a modernized classroom-banking simulator inside Money Instructor Classroom — a privacy-first platform for hands-on financial-literacy practice. Students run their own accounts with pretend money: earning paychecks, building savings, paying bills, and sending money to classmates, while you manage the class from a teacher dashboard.
What you get as a teacher
- Privacy by default. Students never need an email address. No ads and no third-party trackers in the student portal.
- Built for teachers. Class codes, student rosters, CSV import, printable PIN sheets, bulk class deposits, transaction reversals, data exports, and one-click PIN reset.
- Accessible. Built toward WCAG 2.2 AA across every page. Works on computers, tablets, and phones with no software to install.
Sign in with your Money Instructor account — full membership required to run a classroom.
What Students Learn
Learning objectives
- How to log in and navigate a realistic online banking interface
- How to make deposits and withdrawals and check an account balance
- How to initiate transfers between accounts
- How to review a transaction history and identify entries
- How online banking differs from in-branch banking and ATM use
- Basic online banking security — protecting login credentials and recognizing suspicious activity
Lessons & Activities
Online banking lessons
Lessons and activities covering ATM use and the foundations of online banking — for personal-finance, life-skills, and money-math classrooms. New lessons built specifically for the MI Classroom bank are on the way.
What Is Online Banking? How Does It Work
An introductory lesson on what online banking is, how it works, the services it offers, and why it has become the standard way most people manage money today.
How to Use an ATM
An online lesson and video — ATM basics, deposits, withdrawals, balance checks, and ATM safety.
The Benefits of Banking Online
Why online banking matters — 24/7 access, faster bill pay, automatic savings transfers, and the convenience of managing accounts from anywhere.
How to Cut Banking Fees
Practical tips on reducing monthly fees, avoiding overdraft and ATM charges, and choosing accounts that match how students actually use their money.
Teacher Q&A
Common questions about MI Classroom
What is the MI Classroom bank?
MI Bank is a modernized classroom-banking simulator inside Money Instructor Classroom — the first app in the platform. Students run their own accounts with pretend money: earning paychecks, building savings, paying bills, and sending money to classmates, all under your control.
How do I sign in as a teacher?
Use the Teacher sign-in button above. You’re signed in automatically with your Money Instructor account — there’s no separate password. A full Money Instructor membership is required to run a classroom.
How do my students sign in? Do they need an email or account?
No email or account required. Students go to classroom.moneyinstructor.com and sign in with the class code you give them plus their own PIN. It’s privacy-first — no ads or third-party trackers in the student portal.
How do I add students to my class?
Create a class to get a class code, then add students by hand or import a roster with CSV. Print PIN sheets to hand out so each student can sign in with the class code and their PIN.
Can I manage my students’ accounts and transactions?
Yes. You can run bulk class deposits for class-wide paydays, reverse a transaction, reset a student’s PIN in one click, and export your class data. When a student is absent or needs help, you can also post a deposit, withdrawal, or bill payment on their behalf from your dashboard.
A student forgot their PIN — what do I do?
Students sign in with a PIN, not a password. Reset it in one click from your class roster and reprint the PIN sheet if needed.
What grade levels is it for?
MI Bank works with Grades 4–12, adult education, and special-education classrooms — simple enough for upper-elementary students learning money vocabulary, with teacher tools that support full personal-finance and life-skills courses. It’s built toward WCAG 2.2 AA accessibility.
I have a question — how do I get help?
If you have questions about MI Classroom or the lessons, please contact us and we’ll help you get set up.
Use the MI Classroom bank as part of a full personal-finance curriculum
Members get unlimited access to lesson plans, worksheets, and teacher resources across every financial literacy topic — banking, budgeting, taxes, credit, and more.