1) You makes a $100 cash deposit into a checking account at Rutgers National Bank (RNB). Rutgers National Bank 2) You write a $25 check from your account at RNB to me, I deposit that check in my Bank of America (BoA) account Rutgers National Bank Clearing House or Federal Reserve Bank of America | 3) You Borrow $500 from RNB to buy school books, The book store deposits your check into BOA Rutgers National Bank Clearing House or Federal Reserve Bank of America 4) BoA borrows $1000 from RNB Rutgers National Bank Clearing House or Federal Reserve Bank of America I 1) You makes a $100 cash deposit into a checking account at Rutgers National Bank (RNB). Rutgers National Bank 2) You write a $25 check from your account at RNB to me, I deposit that check in my Bank of America (BoA) account Rutgers National Bank Clearing House or Federal Reserve Bank of America | 3) You Borrow $500 from RNB to buy school books, The book store deposits your check into BOA Rutgers National Bank Clearing House or Federal Reserve Bank of America 4) BoA borrows $1000 from RNB Rutgers National Bank Clearing House or Federal Reserve Bank of America