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Comparing Credit Unions with Commercial Banks and Savings Institutions

Question 64

Multiple Choice

Comparing credit unions with commercial banks and savings institutions


A) credit unions are less able to quickly generate additional deposits.
B) savings institutions and commercial banks can borrow from the Central Liquidity Facility, but credit unions cannot.
C) savings institutions and commercial banks are less able to quickly generate additional deposits.
D) credit unions have less exposure to liquidity risk.

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