Which of the following is false regarding community banks?
A) They typically have assets in excess of $1 billion.
B) They typically operate in a limited geographic area.
C) Community banks often focus on lending to small businesses.
D) A bulk of their funding comes from deposits.
E) They tend to grow at a modest rate.
Correct Answer:
Verified
Q1: An "independent" bank is:
A) an "independent" subsidiary
Q3: Which act separated commercial banking, investment banking
Q5: The U.S. government took all of the
Q5: The _ repealed the restriction son banks
Q6: Today, the primary motivation behind forming a
Q7: _ control at least two commercial banks.
A)One-bank
Q7: Banks created Section 20 affiliates to:
A) engage
Q9: In 2008, the U.S. Treasury financial supported
Q14: _ have a large international presence.
A) Global
Q18: Bank holding companies and financial holding companies
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