A financial institution that is owned by its members and offers them banking services and ovides mortgage lending is referred to as a/an

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter17: The Management Of Cash And Marketable Securities
Section: Chapter Questions
Problem 5QTD
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5. A financial institution that is owned by its members and offers them banking services and
provides mortgage lending is referred to as a/an
A. building society B. commercial
bank C. credit union
D. insurance company
Transcribed Image Text:5. A financial institution that is owned by its members and offers them banking services and provides mortgage lending is referred to as a/an A. building society B. commercial bank C. credit union D. insurance company
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