Regulated lending institutions include which entities?

• A. National banks, state-chartered banks, federal savings and loans, savings and loans, and federal credit unions
• B. Only national banks and federal savings loans
• C. Only national banks, federal savings loans, and federal credit unions
• D. Only those regulated by the U.S. Treasury

Answer: (A)

Regulated lending institutions are insured depository institutions overseen by dedicated federal or state regulators. This includes national banks and state-chartered banks, which are supervised by regulators like the Office of the Comptroller of the Currency or state banking authorities (and may be members of the Federal Reserve or FDIC); federal savings associations (federal savings and loans) and savings and loans that are state-chartered; and federal credit unions, which are supervised by the NCUA. The U.S. Treasury is not the primary regulator for these institutions, so a choice that limits regulation to Treasury isn’t correct. The option that lists all these categories covers the full set of regulated lending institutions.