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What is TRUE about non-depository financial institutions?

A.
They do not offer other types of accounts, such as savings and checking accounts.

B.
Traditionally, they focused on providing loans and other money management services.

C.
They are all federally insured.

D.
They include commercial banks and credit unions.

Respuesta :

Answer:

D.

Explanation:

Non-Depository financial institutions are those institutions that provide various financial assistance. These institutions serves as an intermediaries between borrowers and savers. It also looks between the two groups. The deposits that they do are not federally insured.

The non-depository financial institutions include commercial banks, credit unions, and saving banks.

Therefore, option D is correct.

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