Which of the following represent an independent agency of the U.S. government that insures bank deposits?
A) National Deposit Assurance Cooperative
B) Federal Deposit Insurance Corporation
C) Insurance Corporation of America
D) Deposit Protection Fund
Correct Answer:
Verified
Q255: Which of the following represents a nonbank?
A)
Q256: Commercial banks, savings and loan associations, and
Q257: The _ insures deposits held in credit
Q258: Originally, savings and loan associations
A) offered brokerage
Q259: _ represent money set aside by corporations,
Q261: The _ provides the same results as
Q262: Banks prefer that customers use an electronic
Q263: Which of the following can include an
Q264: For banks, check-processing activities
A) still represent the
Q265: Timothy has $42,000 in a savings account
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