Ill mark ! 1) create a diagram of the u. s. banking system and the federal reserve system. include special financial services of the banking system in your diagram. pretend you have been asked to teach the structure and interrelationships of the systems to someone else. 2) list and define all terms contained in the diagram created in step one.

Using Word, Powerpoint, or any other program that allows you to create diagrams, create an electronic, visual diagram of the US banking system and the Federal Reserve System.
Include special financial services of the banking system in your diagram. Be creative in this activity. Pretend you have been asked to teach the structure and interrelationships of the systems to someone else.

What I have to far:

Line 1: Federal Reserve
Line 2: Board of Governors and Open Market Committee

Line 3: Reserve Banks
Line 4: Member Banks & Other Depository Institutes

After that I have to categorize the following and here’s the way I have it so far

Commercial Banks = member bank
Savings institutions = other depository
Mutual savings banks = ?
Credit Unions = member bank
Nondeposit Institutions = ?
hope this helps

Answerdiscriminant validity;