What are depository institutions? Describe and compare the three types of depository institutions What are depository institutions? Choose the correct answer below A. Financial institutions that accept deposits from and provide loans to individuals and businesses OB. Financial institutions that do not offer federally insured deposit accounts but provide various other financial services Oc. Financial institutions that facilitate the purchase or sale of various investments by firms or individuals by providing investment banking and brokerage services OD. Financial institutions that specialize in providing mortgage loans to individuals Identify the three types of depository institutions Select all that apply DA Finance and lease companies B Credit unions C. Mutual fund companies D. Chartered banks DE Trust and loan companies OF. Insurance companies G. Pawnshops Compare the three types of depository institutions Ney an el loans Compare the three types of depository institutions Mutual fund companies are financial institutions that accept deposits in savings accounts only and use the funds to provide business and personal Chartered banks are financial institutions that in addition to providing services similar to a bank can provide financial planning services s such as protect from financial loss risks and acting as trustee in the administration of trust accounts Mutual fund companies are provincially incorporated co operative financial institutions that are owned and controlled by their shareholders e b Next TE - laeru