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Money Markets/Banking

What are some of the different financial institutions in the U.S. banking system?

Banks, Savings Associations, and Credit Unions.

Where can I find basic information on the U.S. banking system?

The website of the Federal Reserve Board has FAQs on banking. The Federal Reserve Bank of Boston publishes a booklet titled Banking Basics, which answers many questions about the U.S. banking system.

What is the money market?

The term money market refers to the market for short-term debt instruments with maturities typically of one year or less.

Where can I find more information on the money market?

The Federal Reserve Bank of Richmond has made available on its website Instruments of the Money Market, which describes the major money market instruments and the institutional arrangements of the markets in which these instruments are traded.

Last Updated: 12/5/2010 9:37 AM

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