1-50 Services provided by depository institutions have become relatively less significant as a portion of all services provided by FIs.

Question

Quizplus · Accepted Answer

This statement is true. With the rise of digital banking and other financial service providers, depository institutions (such as banks and credit unions) have seen their services become less significant compared to other financial institutions.

1-50 Services Provided by Depository Institutions Have Become Relatively Less