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Chapter Two Banking-The Structure Warming up What do you see in the pictures above?How many types of banks can you recognize from these pictures?How different are these banks?Text A The Banking Industry2.1 TYPES OF BANKSP1 A bank is a financial institution that accepts deposits and makes private loans. This definition covers the several types of commercial banks and thrift institutions listed in Table 2.1.TABLE 2.1 Types of BanksCommercial BanksP2 Commercial banks are the largest part of the banking system. In 2010, U.S. commercial banks had about $8 trillion in deposits, including checking a
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