Consumers may not use banks because of fees and privacy issues. True False

Consumers should make sure that commercial banks are FDIC insured before opening accounts. True False

What happens in economies where people do not trust banks

Banks are regulated to protect against disruptions to the services they perform and to protect government insured deposits.2 pointsTRUEFALSE

True or False QuestionThe prime rate is reserved for a commercial bank's best customers.True false question.TrueFalse

What are some reasons that banks are highly regulated?