Share draft accounts are
A) interest-bearing checking accounts of credit unions.
B) highly liquid credit union deposits that can be withdrawn on demand, but not by writing a check.
C) the credit union equivalent of a certificate of deposit (CD) .
D) None of the above.
Correct Answer:
Verified
Q32: Savings association can manage interest rate risk
Q33: Savings association can manage default risk by
A)
Q34: Savings association can manage liquidity risk by
A)
Q35: The lender of last resort for credit
Q36: The largest asset for savings associations is
A)
Q37: Share certificates are
A) interest-bearing checking accounts of
Q38: Share accounts are
A) interest-bearing checking accounts of
Q40: Which of the following is false?
A) Credit
Q41: Credit unions manage default risk by
A) holding
Q42: Today, deposits in savings association are insured
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