| A | B |
|---|
| bank panic | a situation in which many banks fail because they are not able to meet the demands of their depositors for cash |
| central bank | a bank whose functions include controlling the nation's money supply |
| check clearing | the process in which the Federal Reserve transfers checks and money between banks |
| commercial banks | banks that provide checking accounts and savings accounts, and make loans for a variety of purposes |
| credit union | a kind of bank that is owned by members who belong to a certain company or group |
| Federal Deposit Insurance Corporation (FDIC) | a corporation that insures bank deposits up to $100,000 |
| Federal Reserve System | the name of the central bank of the United States |
