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DEPARTMENT of FINANCIAL INSTITUTIONS MINUTES of  Form

DEPARTMENT of FINANCIAL INSTITUTIONS MINUTES of Form

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What is a financial institution? A financial institution is a type of company  that is part of the financial services sector.   Financial institutions  provide money related services   like deposits, loans, investments, insurance, etc. There are many types of financial institutions,  and most people interact with them regularly.   Retail banks, credit unions, insurance companies,   brokerages, and investment banks are  some examples of financial institutions. What do people use financial institutions for? People and companies use financial institutions to  deposit and borrow money, protect against monetary   loss, transfer money and make payments,  and invest in different asset classes. Financial institutions are such  an integral part of everyday life   that when major financial  institutions go bankrupt,   it leads to widespread panic - often  requiring the government to intervene. Are financial institutions  regulated by the government? The health of financia

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