A method for mounting a light duty bearing having a groove defined in an outer arcuate surface thereof for receiving a metallic tolerance ring placed therein which includes protruding waves extending radially outwardly from the groove while the main band of the bearing is positioned preferably completely within the groove such that the bearing can be placed into a workpiece aperture to be movably mounted therein in a frictionally resisted manner such as required in light-duty applications where slight restricted movement between the bearing and the mounting aperture of the workpiece is desirable. The bearing assembly can be mounted in the workpiece aperture by exerting axial force against the inner race member or the outer race member to achieve the frictionally resisted mounting therebetween. The groove defined in the outer portion of the bearing is designed to receive and retain the tolerance ring therein during mounting in the workpiece aperture for greatly facilitating mounting.