Question

What is an example of a depository financial institution?

A.life insurance company

B.credit union

C.brokerage firm

D.mutual fund company

Answer 1

Explanation:

Colloquially, an depository institution is a financial institution in the United States (such as a savings bank, commercial bank, savings and loan associations, or credit unions) that is legally allowed to accept monetary deposits from consumers. ... An example of a non-depository institution might be a mortgage bank.

Answer 2

Answer:

D is your answer

D.mutual fund company