Small time deposits are characterized by all of the following except:
A) they have denominations are less than $250,000.
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
Q12: Large time deposits are generally referred to
Q13: _ includes common stock, preferred stock and
Q14: Which of the following is true regarding
Q15: Overdraft fees:
A) represent a risk charge.
B) are
Q16: The least expensive source of funds for
Q18: Banks prefer money market deposit accounts to
Q19: Core deposits are affected by all of
Q20: Transit checks deposited are:
A) checks drawn on
Q21: Which of the following is primarily used
Q22: Federal Home Loan Bank advances:
A) have maturities
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