1) The financial institution that pools funds from individuals and then invests them in both the money and capital markets is a:

Select one:

a.Investment bank.

b.Savings bank.

c.Credit union.

d.Managed fund.

2)All of the following financial securities are considered 'uses of funds' by banks EXCEPT:

Select one:

a.Certificates of deposit.

b.Overdrafts.

c.Credit cards.

d.Commercial bills.