1. What are two of the most important payment services provided by financial institutions?

2. To what extent do these services efficiently provide benefits to the economy?

3. Why are FIs among the most regulated sectors in the world? When is the net regulatory burden positive?

4. What are the differences between community banks, regional banks, and money center banks? 8. Contrast the business activities, location, and markets of each of these bank groups.

5. What are the major sources of funds for commercial banks in the United States?

6. How is the landscape for these funds changing and why?