Using the description below, indicate the type of financial institution.
a. SEC regulations require that at least two-thirds of this financial institution's board of directors must be elected by its stockholders.
b. Insurance coverage is based upon the number of plan members.
c. Regulated almost entirely by state commissions.
d. Most of the regulation of this financial institution focuses upon its policies and procedures for making consumer loans.
e. Deposits are insured by NCUSIF.

Question

Using the description below, indicate the type of financial institution. 
a. SEC regulations require that at least two-thirds of this financial institution's board of directors must be elected by its stockholders. 
b. Insurance coverage is based upon the number of plan members. 
c. Regulated almost entirely by state commissions. 
d. Most of the regulation of this financial institution focuses upon its policies and procedures for making consumer loans.
e. Deposits are insured by NCUSIF.

Quizplus · Accepted Answer

The Answer of Using the description below, indicate the type of financial institution. 
a. SEC regulations require that at least two-thirds of this financial institution's board of directors must be elected by its stockholders. 
b. Insurance coverage is based upon the number of plan members. 
c. Regulated almost entirely by state commissions. 
d. Most of the regulation of this financial institution focuses upon its policies and procedures for making consumer loans.
e. Deposits are insured by NCUSIF.

Using the Description Below, Indicate the Type of Financial Institution