Rhombus bank is a bank that focuses on home mortgages.The bank has 283 offices and has issued more than 0.1 million home loans to people with different income levels.The bank also accepts deposits to generate money for providing home loans.Rhombus bank is best referred to as a(n) ________.
A) merchant bank
B) credit union
C) thrift bank
D) private bank
E) investment bank
Correct Answer:
Verified
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