All of the following statements are correct EXCEPT... O Core deposits typically pay lower interest rates than volatile deposits O Setting up direct deposit of your pay checks into an account classifies that account as a core deposk for the O Regulators prefer to see core rather than volatile deposits on a bank's balance sheet O Deposits tend to become more volatile when market interest rates rise Volatile deposits include preferred stock the bank has issued

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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All of the following statements are correct EXCEPT.
O Core deposits typically pay lower interest rates than volatile deposits
Setting up direct deposit of your pay checks into an account classifies that account as a core deposit for the burk
Regulators prefer to see core rather than volatile deposits on a bank's balance sheet
Deposits tend to become more volatile when market interest rates rise
O Volatile deposits include preferred stock the bank has issued
Transcribed Image Text:All of the following statements are correct EXCEPT. O Core deposits typically pay lower interest rates than volatile deposits Setting up direct deposit of your pay checks into an account classifies that account as a core deposit for the burk Regulators prefer to see core rather than volatile deposits on a bank's balance sheet Deposits tend to become more volatile when market interest rates rise O Volatile deposits include preferred stock the bank has issued
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