Question

For a smaller Community Bank, the largest percentage of sources of funds (liabilities) are: A. Money...

For a smaller Community Bank, the largest percentage of sources of funds (liabilities) are:

A.

Money Market Deposit Accounts (MMDAs)

B.

Other borrowed funds

C.

Core deposits (checking and savings account deposits)

D.

Large Certificates of Deposits

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Answer #1

Core deposits (checking and savings account deposits)

For smaller banks checking and saving deposits are main source of funds.

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