Although the FDIC does not charter depository financial institutions, it is said to have considerable influence in an institution's application for chartering because
A) the FDIC establishes the types of deposit accounts that financial institutions can offer.
B) the FDIC reviews all bank charter applications.
C) chartering criteria include eligibility for deposit insurance.
D) the FDIC advises the Fed as to which banks it should charter.
Correct Answer:
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