Banks differ from other types of depository institutions in that
I. banks have more diversified asset portfolios.
II. banks obtain funds from more different types sources.
III. the average size bank is larger than other depository institutions.

Question

Quizplus · Accepted Answer

Banks have more diversified asset portfolios compared to other depository institutions, such as credit unions or savings and loans associations. They also obtain funds from more different types of sources, including deposits, short-term borrowings, and long-term debts. Additionally, the average size of a bank is generally larger than other depository institutions, which can give them more resources and broader lending capabilities.

Banks Differ from Other Types of Depository Institutions in That