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22 January, 00:11

Identify each type of financial institution: Institution Type Finance Companies ▼ Commercial Banks ▼ Contractual Savings Institution Investment Intermediary Depository Institution Life Insurance Companies ▼ Depository Institution Investment Intermediary Contractual Savings Institution Savings and Loan Associations ▼ Depository Institution Contractual Savings Institution Investment Intermediary Credit Unions ▼ Investment Intermediary Depository Institution Contractual Savings Institution Mutual Funds ▼ Investment Intermediary Contractual Savings Institution Depository Institution Investment Banks

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  1. 22 January, 00:37
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    (a) Finance companies:

    It is a investment intermediary.

    (b) Commercial Banks:

    It is a depository institution.

    (c) Life Insurance Companies:

    It is a contractual savings institution.

    (d) Savings and Loan Associations:

    It is a depository institution.

    (e) Credit Unions:

    It is a depository institution.

    (f) Mutual Funds:

    It is a Investment intermediary.
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