In the United States, most deposits at banks are ________ deposits

Question

Quizplus · Accepted Answer

According to the Federal Reserve, saving and time deposits make up the majority of deposits at banks in the United States, followed by checking deposits. Reserve deposits are typically held by banks themselves at the Federal Reserve, while money market deposits are a type of savings deposit but make up a smaller portion of total deposits. Loans are not deposits, but rather liabilities for the bank.

In the United States, Most Deposits at Banks Are ________