What are depository institutions?
Depository institution is a financial institution that obtains its funds mainly through deposits from the public. This includes commercial banks, savings and loan associations, savings banks and credit unions.
Answered -
Related Questions
-
What is the role of the major non-depository financial institution in the financial system?
Great question! They serve as an intermediary between savers ...
-
Is AIG a depository institution?
AIG distress at large, interconnected and non-depository fina...
-
Depository financial institution?
A financial institution that accepts deposits and channels th...
-
What is the difference between depository institutions and non-depository institutions?
A depository inst. gets its funds mainly through deposits fro...
-
What are the 3 most common depository institutions?
The three most common are commercial or personal banks, credi...
Comments