Considering the balance sheet for all commercial banks in the U.S., the largest category of liabilities is:

Question

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Savings deposits and time deposits are the largest category of liabilities for U.S. commercial banks. According to data from the Federal Reserve, as of December 2019, these deposits accounted for approximately 54% of all bank liabilities. Checkable deposits accounted for approximately 25% of bank liabilities, while borrowings from other banks and non-banks accounted for less than 10% each.

Considering the Balance Sheet for All Commercial Banks in the U.S