Which of the Following Is Not a Deposit Source of Funds

question 6

Multiple Choice

Which of the following is not a deposit source of funds for savings institutions?

• A) passbook savings
• B) retail CDs
• C) money market deposit accounts
• D) negotiable order of withdrawal (NOW) accounts
• E) All of the above are deposit sources of funds for savings institutions.

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Definitions:

Facebook

A widely-used social networking platform that allows users to create profiles, share content, and connect with others.

Fitbit

A brand of consumer-oriented wearable technology devices designed to monitor health-related metrics such as steps walked, heart rate, and quality of sleep.

Twitter

A free microblogging service that allows its users to send messages and read other users’ messages and updates.

Fitbit

A brand of consumer electronics known for its products that track various physical activities such as steps walked, heart rate, and sleep patterns.