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What is the risk of banking with a bank that is not Nationally backed? A. If the bank shuts down, you lose your loan, B. If the bank shuts down, you lose all of your money. C. I…

What is the risk of banking with a bank that is not Nationally backed? A. If the bank shuts down, you lose your loan, B. If the bank shuts down, you lose all of your money. C. I…
asked 230k views
0 votes
What is the risk of banking with a

bank that is not Nationally
backed?

A. If the bank shuts down, you lose your loan,

B. If the bank shuts down, you lose all of your
money.

C. If the bank shuts down, your loan is due
within 90 days.

asked
User Austinthesing
by
7.9k points

2 Answers

5 votes

Answer:

I think it is B

Step-by-step explanation:

You do lose money if it shuts down

answered
User Jigar Joshi
by
8.1k points
6 votes
i think the answer is B, that one makes the most sense to me.
answered
User Sparkymat
by
7.8k points
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