The United States has a dual banking system in the sense that
the public may deposit money in either commercial banks or savings-and-loan associations.
banks offer both demand deposits and time deposits to savers.
banks are chartered by the federal government and by state governments.
banks both take in deposits and make loans.
+2
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The United States has a dual banking system in the sense that the public may deposit money in either commercial banks or savings-and-loan ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » The United States has a dual banking system in the sense that the public may deposit money in either commercial banks or savings-and-loan associations. banks offer both demand deposits and time deposits to savers.