True/False
Unlike other depository institutions new savings banks can be chartered only by the states, not by the federal government.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q24: Recently, many commercial banks have converted to
Q25: Money market funds got their start after
Q26: Persons who borrow money from a savings
Q27: Today, the primary supervisor of federally chartered
Q28: The Savings Association Insurance Fund (SAIF) is
Q30: A 1991 ruling of the Securities and
Q31: The majority of these financial institutions are
Q32: On average, the equity capital of an
Q33: The first savings at a law is
Q34: Only qualified members can borrow from a