Click and drag the term to correspond with its correct definition. Not all terms will be used. Demand deposit Institutions without lending and deposit services as part of their financial activities. Savings and loan Credit unions A card with digital coding that stores information and can be used for many things. Smart card A savings certificate entiting the owner to receive interest. Reserve requirement A bank card that allows customers to have immediate access to their funds via electronic means. Electronic funds The amount of cash that a financial institution must hold on deposit with the Federal Reserve. CD Nonbanks The rate of interest determined by the Federal Reserve as the minimum rate for eligible banks to borrow short-term funds. A nonprofit financial institution that is owned and operated by its Debit card members. Discount rate An account, such as a checking account, from which previous deposits can be withdrawn at any time without notice. Reset