Noninterest income has become an important source of revenue for thrifts.
A() 14. Noninterest expenses of thrifts have declined significantly.
A() 15. Thrifts assume less interest rate risk and manage it better than they did 25 years ago.

Question

Quizplus · Accepted Answer

Noninterest income has become an important source of revenue for thrifts as they diversify their income streams beyond traditional interest income.

Noninterest Income Has Become an Important Source of Revenue for Thrifts