In the following table, indicate which financial institution each description best represents and whether it is a depository or nondepository financial institution.

Description

Financial Institution

Institution Type

They can act as brokers, dealers, underwriters, and advisors.

They accept deposits from surplus units and make loans to and purchase debt securities from deficit units. They utilize the federal funds market to loan funds to other financial institutions and are regulated by the Federal Reserve. They are known for concentrating on business loans.

They are established by an employer to facilitate and organize employee retirement funds. They are asset pools that invest in securities and manage the assets until individuals withdraw the money from their retirement accounts.

They accept deposits from surplus units and make loans to and purchase debt securities from deficit units. They utilize the federal funds market to loan funds to other financial institutions and are regulated by the Federal Reserve. They are known for concentrating on residential loans.