Fill This Form To Receive Instant Help
Homework answers / question archive / The largest category of depository institutions is A
The largest category of depository institutions is A. commercial banks B. investment banks C. credit unions D. savings and loan institutions
Answer
A .
Explanation
Commercial banks are the most diversified of depository institutions and commercial banks are on average the largest depository institutions. These banks are for-profit companies and offer a range of services to consumers and businesses such as checking accounts, consumer and commercial loans, credit cards, and investment products.