________ in a bank is considered a liability of that bank.

Name: ________ in a bank is considered a liability of that bank.
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Checking deposits are liabilities for the bank because they are owed to customers and can be withdrawn on demand. Excess reserves and required reserves are not liabilities, but rather assets or obligations the bank has to hold to ensure it can meet its customer demands and regulatory requirements. A bank loan would be an asset for the bank, not a liability.

________ in a Bank Is Considered a Liability of That