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"What are the seven different types of financial institutions? Include a description of the main services...

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"What are the seven different types of financial institutions?Include a description of the main services offered by each."(Cornett, Adair, & Nofsinger, 2016). Distinguished-level:Provide a definition of the term, liquidity.

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1 Commercial Bank commercial banks are depository institutions that accept the deposit from public and grant loans to the borrower 2 Insurance companies These are institutions which provide insurance services and loss cover to the insured in case of happening    See Answer
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"What are the seven different types of financial institutions?Include a description of the main services offered by each."(Cornett, Adair, & Nofsinger, 2016). Distinguished-level:Provide a definition of the term, liquidity.

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