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Institutions of the U.S. Banking System

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which one of the following institutions funds IPOs?

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1. Which type of banking institution is nonprofit and caters to specific groups of people who become members of the institution?

2. Which one of the following is an activity in which a savings and loan association engages?

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About This Quiz & Worksheet

This quiz will assess you on include the activities of commercial banks through quiz questions that require you to connect characteristics and functions to the correct banking institution.

Quiz & Worksheet Goals

The quiz questions ask you to identify:

  • Savings and loan associations
  • Investment banks
  • Credit unions

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information about banking institutions for companies and businesses from the lesson on institutions of the U.S. banking system
  • Information recall - access the knowledge you've gained regarding underwriting IPOs
  • Knowledge application - use your knowledge to answer questions about non-profit banking institutions

Additional Learning

Through the lesson called Institutions of the U.S. Banking System, you can learn more about this topic and obtain enough information to meet these objectives:

  • Identify the characteristics and purpose of commercial banks
  • Understand how savings and loan associations function
  • Know the services offered by credit unions
  • Recognize the role of investment banks
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