A Financial Institution That Is Owned by Its Depositors Is

question 198

Multiple Choice

A financial institution that is owned by its depositors is called a(n)

• A) common stock bank.
• B) mutual savings bank.
• C) insurance company.
• D) savings and loan association.
• E) national bank.

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Definitions:

Council of Economic Advisers

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Executive Office

A part of the executive branch of the U.S. government consisting of the immediate staff of the President, as well as multiple levels of support staff reporting directly to the President.

Treasury Department

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