All of the following are normally categorized as financial institutions EXCEPT:
A)S&Ls
B)brokerage firms
C)commercial banks
D)credit unions

Name: All of the following are normally categorized as financial institutions EXCEPT: A)S&Ls B)brokerage firms C)commercial banks D)credit unions
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Question

Quizplus · Accepted Answer

All the other options (S&Ls, commercial banks, and credit unions) are commonly recognized as financial institutions, while brokerage firms are primarily categorized as investment institutions.

All of the Following Are Normally Categorized as Financial Institutions