C12S2

=**Chapter 12 Section 2**=

=Types of Financial Institutions=

Explain the major functions of the Federal Reserve System in the U.S. economy
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[|Self check]

__Types of Banks__ Commercial Banks Savings and Loan Associations Credit Unions Other Financial Institutions
 * What is the difference between a credit union and commercial bank?**

Federal Reserve Systems Consists of?

Name the Federal Reserve Systems __6__ functions.