1. Funding for Savings Institutions most often comes from _______

A. savings and time deposits. B. loans. C. mortgages. D. repurchase agreements. E. reverse repurchase agreements.

2. A lending institution that is a subsidiary of a larger organization, extending credit to customers of that larger organization is called a _____________.

A. business credit institution B. captive finance company C. factor D. floor plan agency E. subprime lender

3. The predominant assets for the two savings institutions with the largest Total Assets are:

A. Cash B. Securities C. Loans & Leases D. Trading Account Assets E. Time Deposits

4. If a savings institution does not have any common or preferred stock outstanding, then it is organized as a/an ______________.

A. corporation B. general partnership C. individual proprietorship D. limited partnership E. mutual

5. For savings institutions, the predominate mortgages they originate are for

A. commercial buildings. B. land for commercial purposes. C. single-family homes or multifamily dwellings. D. private farm dwellings E. none of the above.

6. Unlike a commercial bank, a savings bank, a savings & loan association, or even a credit union, a finance company

A. does not obtain funds from deposits. B. focuses on financing acquisitions by companies. C. focuses on providing residential mortgages. D. use most of its funds to purchase stocks. E. has lower equity capital.