Banks,savings and Loan Associations,mutual Savings Banks,and Credit Unions

question 54

Multiple Choice

Banks,savings and loan associations,mutual savings banks,and credit unions

• A)are no longer important players in financial intermediation.
• B)since deregulation now provide services only to small depositors.
• C)have been adept at innovating in response to changes in the regulatory environment.
• D)produce nothing of value and are therefore a drain on society's resources.