FIN 320 Week 5 Individual Assignment Financial Intermediaries Paper

Apr 24th, 2015
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FIN 320 Week 5 Individual Assignment Financial Intermediaries Paper

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Financial IntermediariesCorporate FinanceFIN320Financial IntermediariesFinancial intermediaries are dynamic in the economics of the United States and the world. Saving money is an inflow to the banks. Loaning money is an outflow to provide capital to business and personal users. Loans and saving must be done for the system to work. The Federal Reserve is the controlling entity regarding the banking industry. The Federal Reserve can slow or speed the economy by adjusting the interest rate. This control helps maintain valuation of money, inflation and deflation Some of the different banks institutions can consist of savings and loan, credit unions and insurance companies. Insurance companies are an investment method offering annuities with moderate returns. Credit unions are conglomerations of certain industries or communities of people ,such as a teachers or a particular union or area. These banks only offer personal loans. Commercial banks are the type of intermediaries most utilize for saving and loans. This banks offer both loans for personal and business use. (Helium,2010)Money that is deposited into the bank are called savings. This money in savings

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