Q154
Depository institutions such as thrifts includes
A.
savings associations
B.
savings banks
C.
credit unions
D.
all of above
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Depository institutions such as thrifts includes savings associations, savings banks and credit unions. A thrift institution is a financial institution that obtains the majority of its funds from the savings of the public. The term can include several cooperative banking models; Savings and loan association. Mutual savings bank.