A ________ is a profit-seeking organization that receives deposits from individuals and corporations and uses some of these deposits to make loans.

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Commercial banks are profit-seeking organizations that receive deposits from individuals and corporations and use some of these deposits to make loans. Credit unions are non-profit organizations and usually serve a specific group of people. The Federal Reserve Bank is a central bank and does not directly deal with deposits from individuals and corporations. Consumer finance companies also accept deposits, but they typically specialize in providing loans to consumers rather than businesses.

A ________ Is a Profit-Seeking Organization That Receives Deposits from Individuals