Credit unions view commercial banks as government-supported and hence unfair competitors due to their tax advantages.
Correct Answer:
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Q67: Mutual savings banks are the only financial
Q68: Most credit unions today have federal charters.
Q69: The second major liability of savings and
Q70: _ view credit unions as unfair competitors
Q71: FIRREA imposed new restrictions on thrift activities
Q73: The congressionally imposed cap on the interest
Q74: The purpose of reserve requirements
A) is to
Q75: Mutual savings banks
A) are heavily concentrated in
Q76: To act in the taxpayer's interest and
Q77: Credit unions are owned by stockholders.
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