7
QuizMultiple Choice

Government Agencies

Question 7 • POP Financial Math 26/27

What kind of financial institutions does the Office of Thrift Supervision oversee?

Answer
A
Credit unions and local banks
B
The stock market
C
Savings and loan institutions
D
Check clearinghouses

Explanation

The Office of Thrift Supervision (OTS) oversaw federally chartered savings associations, commonly known as savings and loan institutions or thrifts. It did not oversee the stock market or check clearinghouses. Therefore, the correct choice is savings and loan institutions.

AI-written and checked against the verified answer.

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