Final answer:
Each characteristic a, b, and c matches with option b. Banks, as b. Banks offer checking accounts, credit and debit cards, and have many ATM locations. Savings and Loan Associations mainly focus on savings products and loans.
Step-by-step explanation:
The correct matches for each characteristic to the correct financial institution are as follows: a. offers checking accounts - b. Banks b. offers credit and debit cards - b. Banks c. exclusively offers loans and offers many ATM locations - c. Savings and Loan Associations Banks are versatile financial institutions that provide a range of services including checking accounts, savings accounts, and access to various forms of credit such as credit and debit cards.
Savings and Loan Associations focus more on savings products and have historically been associated with providing housing-related loans, although they also offer other types of loans and a network of ATM locations. Bank: Offers checking accounts and credit and debit cards. Savings and Loan Associations: Exclusively offers loans and provides many ATM locations.