The primary liabilities of depository institutions are
A)premiums from policies.
B)shares.
C)deposits.
D)bonds.

Question

Quizplus · Accepted Answer

The primary liabilities of depository institutions are deposits. Depository institutions, such as banks and credit unions, accept deposits from customers as a form of funding to lend out as loans or invest in other assets. While premiums from policies, shares, and bonds may be sources of funding or revenue for certain institutions, they are not the primary liabilities.

The Primary Liabilities of Depository Institutions Are