Of finance companies, savings institutions and credit unions, as a percentage of assets, finance companies have the lowest dependence on deposit sources of funds.

Question

Quizplus · Accepted Answer

Finance companies primarily rely on wholesale funding, issuing debt, and borrowing from banks rather than deposits, making their dependence on deposit sources of funds lower compared to savings institutions and credit unions, which primarily rely on customer deposits.

Of Finance Companies, Savings Institutions and Credit Unions, as a Percentage