Multiple Choice
Credit unions:
A) Face growing demand for their traditional products, especially automobile loans
B) Have become more popular as the population in the U.S. has aged
C) Have had to offer nontraditional loans, such as home equity loans, to compensate for the declining demand for automobile loans
D) Have become less competitive since passage of banking legislation in the 1980s
E) None of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q33: The first savings at a law is
Q34: Only qualified members can borrow from a
Q35: Thrift institutions today are not making widespread
Q36: One important financial intermediary is classified as
Q37: Credit unions can make unsecured loans and
Q39: The development of Super NOWs and MMDAs
Q40: The Savings & Loan "debacle" of the
Q41: The principal asset held by savings banks
Q42: Savings and loan associations, especially stockholder S&Ls,
Q43: The federal law that set up the