A unit bank is a bank that:
A) Only makes one type of loan (i.e.; home mortgages.)
B) Only offers savings accounts
C) Provides a myriad of financial services, so customers get all or most of their financial needs taken care of at the bank
D) Has no branches
Correct Answer:
Verified
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Q15: Unit banks are:
A)Banks with no branches
B)More numerous
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Q18: The Glass-Steagall Act of 1933:
A)Required commercial banks
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