Small time deposits are characterized by all of the following except:
A) they have denominations are less than $100,000.
B) they have substantial interest penalties for early withdrawal.
C) banks can pay market interest rates on them.
D) there is a substantial interest penalty for early withdrawal.
E) they have a minimum maturity of 3 days.
Correct Answer:
Verified
Q1: With "relationship pricing":
A) banks unbundle services and
Q4: _ includes federal funds purchased, repurchase agreements
Q5: Liability management decisions determines all of the
Q10: CDs sold at a steep discount from
Q12: Large time deposits are generally referred to
Q14: Which of the following is true regarding
Q15: Overdraft fees:
A) represent a risk charge.
B) are
Q19: Core deposits are affected by all of
Q19: Interest costs do not equal the effective
Q20: Transit checks deposited are:
A) checks drawn on
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents