Term
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Definition
| lend money, accept deposits, and transfer money among businesses, banks, and individuals. |
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Term
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Definition
| lend money and accept deposits. thrifts. House building money shares. |
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Term
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Definition
| serve people who want to make small deposits. personal savings and mortgages. |
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Term
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Definition
| employees of large unions often use these. |
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Term
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Definition
| automated machines to act as a teller. |
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Term
| Automatic Clearing House Services |
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Definition
| automatically handles specofic regular transactiosn like mortgages and rent. |
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Term
| Point of Sale Transactions |
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Definition
| instant payments like debit or credit cards |
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Term
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Definition
| plastic card that pays for goods. |
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Term
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Definition
| people can bank from their house using the internet |
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Term
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Definition
| reduction of gov't restriction |
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Term
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Definition
| deregulation changed banking and caused this. |
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Term
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Definition
| Banking that spans wider ranges instead of just local areas. |
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Term
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Definition
| when a customer can't make loan payments |
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Term
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Definition
| When a bank runs out of money |
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Term
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Definition
| 1999 bailout of banks totaling $165 billion. |
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