_______________ are cooperative nonprofit organizations that exist primarily to provide member depositors with consumer credit, including the financing of automobiles and the purchase of homes, and derive their funds almost entirely from the savings of their members.
A) Commercial banks
B) Thrift institutions
C) Savings banks
D) Brokerage firms
E) none of the above
Correct Answer:
Verified
Q138: _ accept the savings of individuals and
Q139: _ collect premiums on insurance policies and
Q140: Investment companies (mutual funds), investment banking firms,
Q141: If $5,000 is borrowed on a discount
Q142: The process of _ which is the
Q144: The Equity Capital Ratio for a bank
Q145: _ provide loans directly to consumers and
Q146: _ sell or market new securities issued
Q147: _ provide loans directly to consumers and
Q148: A(n) _ mortgage is a home loan
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