Multiple Choice
Which regulation requires out-of-state-banks that acquire local banks to commit to continued lending in the area and not use the acquired banks simply as deposit gatherers?
A) Equal Credit Opportunity Act
B) National Bank Act
C) Federal Lending Act
D) Fair Credit Reporting Act
E) Community Reinvestment Act
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Which of the following has the lowest
Q3: How do banks use credit-scoring models? If
Q4: Use the following information for questions <br>A
Q5: The only quantitative measure of a consumer
Q6: The Tax Reform Act of 1986 made
Q7: Credit cards are profitable for banks because
Q8: Today, many banks target individuals as the
Q9: The most important of the five Cs
Q10: Individuals work out a court supervised repayment
Q11: Which of the five Cs refers to