Which of the Following Is False Regarding Community Banks

question 22

Multiple Choice

Which of the following is false regarding community banks?

• A)They typically have assets in excess of $1 billion.
• B)They typically operate in a limited geographic area.
• C)Community banks often focus on lending to small businesses.
• D)A bulk of their funding comes from deposits.
• E)They tend to grow at a modest rate.

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