Which of the following is false? Sales finance institutions specialize in loan sales to banks and thrifts. Because of the differences in the makeup of their major loan types, finance companies typically have shorter-term loans than banks. The National Credit Union Administration is the primary regulator of federally chartered credit unions, Credit unions are not taxed, as a result well-run credit unions are often able to charge lower loan rates and pay slightly higher deposit rates than banks. O None of the above