Besides facing credit risk and interest rate risk, a depository institution must be prepared to satisfy withdrawals of funds by depositors and to provide loans to customers.
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Q33: Selling securities that it owns, requires that
Q34: Demand deposits pay interest, typically below market
Q35: Credit union assets consist of _.
A) small
Q36: Savings deposits (checking accounts) pay no interest
Q37: The principal source of funds for savings
Q39: To increase the ability of S&Ls to
Q40: Technically, because credit unions are _ by
Q41: The purpose of credit unions is to
Q42: What is a corporate credit union?
Q43: Contrast the differences and similarities between savings
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