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    Financial System and the Economy Principles
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    Exam 9: Commercial Banking Structure, Regulation, and Performance
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    Federally Chartered Banks Must
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Federally Chartered Banks Must

Question 73

Question 73

Multiple Choice

Federally chartered banks must


A) belong to the Federal Reserve system.
B) hold federal deposit insurance with the FDIC.
C) remain highly profitable at all times.
D) Both a and b are correct.

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