Question 1

Credit unions are unregulated as to the types of services they offer.

Accepted Answer

A) True 
 B)False

Question 2

The Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA)prohibited savings institutions from

Accepted Answer

A) merging. 
B) offering mortgage loans. 
C) investing in junk bonds. 
D) making loans to foreign governments. 
A) merging. 
B) offering mortgage loans. 
C) investing in junk bonds. 
D) making loans to foreign governments.

Question 3

Deposits at credit unions are called

Accepted Answer

A) NOW accounts. 
B) money market deposit accounts. 
C) shares. 
D) credit union deposit accounts. 
A) NOW accounts. 
B) money market deposit accounts. 
C) shares. 
D) credit union deposit accounts.

Question 4

Savings institutions do not really know the actual maturity of the mortgages they hold and cannot perfectly match the interest rate sensitivity of their assets and liabilities.

Accepted Answer

A) True 
 B)False

Question 5

Federally chartered savings institutions are regulated by the ​

Accepted Answer

A) Securities and Exchange Commission (SE
C) . 
B) National Credit Union Administration. 
C) Comptroller of the Currency and the Federal Reserve. 
D) U.S. Treasury. 
A) Securities and Exchange Commission (SE
C) . 
B) National Credit Union Administration. 
C) Comptroller of the Currency and the Federal Reserve. 
D) U.S. Treasury.

Question 6

An interest rate swap reduces the favorable impact of declining interest rates.

Accepted Answer

A) True 
 B)False

Question 7

High economic growth results in more risk for a savings institution, since its consumer loans, mortgage loans, and investments in debt securities are more likely to default.

Accepted Answer

A) True 
 B)False

Question 8

To obtain short-term funds, savings institutions commonly borrow funds in the ____ market.

Accepted Answer

A) stock 
B) bond 
C) mortgage 
D) federal funds 
E) futures 
A) stock 
B) bond 
C) mortgage 
D) federal funds 
E) futures

Credit unions are unregulated as to the types of services they offer.

The Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA)prohibited savings institutions from

Deposits at credit unions are called

Savings institutions do not really know the actual maturity of the mortgages they hold and cannot perfectly match the interest rate sensitivity of their assets and liabilities.

Federally chartered savings institutions are regulated by the

An interest rate swap reduces the favorable impact of declining interest rates.

High economic growth results in more risk for a savings institution, since its consumer loans, mortgage loans, and investments in debt securities are more likely to default.

To obtain short-term funds, savings institutions commonly borrow funds in the ____ market.

Role of Financial Markets and Institutions

Determination of Interest Rates

Structure of Interest Rates

Functions of the Fed

Monetary Policy

Money Markets

Bond Markets

Bond Valuation and Risk

Mortgage Markets

Stock Offerings and Investor Monitoring

Stock Valuation and Risk

Market Microstructure and Strategies

Financial Futures Markets

Options Markets

Swap Markets

Foreign Exchange Derivative Markets

Commercial Bank Operations

Bank Regulation

Bank Management

Bank Performance

Finance Company Operations

Mutual Fund Operations

Securities Operations

Insurance and Pension Fund Operations

Pension Fund Operations

Filters

Exam 21: Thrift Operations

Credit unions are unregulated as to the types of services they offer.

The Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA)prohibited savings institutions from

Deposits at credit unions are called

Savings institutions do not really know the actual maturity of the mortgages they hold and cannot perfectly match the interest rate sensitivity of their assets and liabilities.

Federally chartered savings institutions are regulated by the ​

An interest rate swap reduces the favorable impact of declining interest rates.

High economic growth results in more risk for a savings institution, since its consumer loans, mortgage loans, and investments in debt securities are more likely to default.

To obtain short-term funds, savings institutions commonly borrow funds in the ____ market.

Role of Financial Markets and Institutions

Determination of Interest Rates

Structure of Interest Rates

Functions of the Fed

Monetary Policy

Money Markets

Bond Markets

Bond Valuation and Risk

Mortgage Markets

Stock Offerings and Investor Monitoring

Stock Valuation and Risk

Market Microstructure and Strategies

Financial Futures Markets

Options Markets

Swap Markets

Foreign Exchange Derivative Markets

Commercial Bank Operations

Bank Regulation

Bank Management

Bank Performance

Finance Company Operations

Mutual Fund Operations

Securities Operations

Insurance and Pension Fund Operations

Pension Fund Operations

Filters

Federally chartered savings institutions are regulated by the