smaller bank specializing in consumer-oriented banking services is called a(n) __________________.

A.community bank

B.money center bank

C.central bank

D.FDIC

E.superregional bank

7.The difference between a commercial bank's average rate earned on loans and its average rate paid on deposits is called the:

A.charge-off rate.

B.net operating income.

C.return on assets.

D.money market rate.

E.interest rate spread.

8.Measured by asset size, _________________________ represent the largest group of depository institutions.

A.Finance companies

B.Credit unions

C.Commercial banks

D.Savings institutions

E.Check-cashing stores

9.___________ isnotamong the advantages of international expansion by a bank?

A.Better diversification of risk

B.Lowering of the regulatory burden

C.Improved economies of scale

D.Higher monitoring and information collection costs

E.Broader, and possibly cheaper, access to funds

10.Customer deposits are a(n) _______________ item on a commercial bank's balance sheet.

A.equity

B.liability

C.financial asset

D.non-financial asset

E.cash asset