Matching: Match the terms in Group I with the descriptions in Group II. Write the correct choice from Group I in the space provided. Note: You will not use all of the choices provided in Group I.
Group I
A. Mortgage F. Principal K. Commercial Banks
B. Debit Card G. Finance Companies L. Certificate of Deposit
C. Stored Value Cards H. Default M. Money Market Mutual Funds
D. Interest I. Savings Banks N. Automated Teller Machine
E. Fractional Reserve Banking J. Federal Reserve System O. Credit Cards
28. Funds cannot be removed from this savings account until the end of a certain period of time
29. A type of loan used to buy real estate
30. The amount borrowed in a loan
31. The largest source of income for banks
32. Provide the most services and play the largest role in the economy of all types of lending institutions
33. Requires customers to use a PIN
34. Institutions that give installment loans to consumers
35. A feature of modern banking that allows you to transfer, deposit and withdraw money 24 hours a day
36. Type of bank which originally introduced NOW accounts
37. A banking system that only keeps a portion of the funds on hand and loans out the remainder