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    Question

    Any type of banking business facility that is located

    separately from the bank's main location is known as ______ service bank.
    A Limited Correct Answer Incorrect Answer
    B Prohibited Correct Answer Incorrect Answer
    C Restricted Correct Answer Incorrect Answer
    D Reclining Correct Answer Incorrect Answer
    E Declining Correct Answer Incorrect Answer

    Solution

    Any type of banking business facility that is located separately from the bank's main location. At these locations, banks may take customer deposits, but the bank cannot make loans or offer trust services there. Limited service banks only exist in unit banking states, where operation of more than a single full-servicebankbranchisprohibited.

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