Banking may be subdivided into at least three categories of banks. Match the definitions with the appropriate name.
I. A bank that specializes in retail or consumer banking in a local market
II. A bank that engages in a complete array of wholesale commercial banking activities and usually also provides retail banking services
III. A bank that is located in a financial center and relies on nondeposit or borrowed sources of funds for a significant portion of its liabilities

Question

Quizplus · Accepted Answer

I. Community bank; II. Super-regional bank; III. Money center bank.

Banking May Be Subdivided into at Least Three Categories of Banks