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FDIC Banking Review |
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| Table 1 Credit Markets in the 1950s |
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| Sector | Primary assets held | Financial source of funding |
|---|---|---|
| INDIRECT FINANCE | ||
| Commercial banks | U.S. Treasury securities Nonmortgage business loans (C&I, Ag) Business mortgages Home mortgages Consumer credit |
Zero-interest bearing checking accounts Passbook savings accounts |
| Savings institutions | U.S. Treasury securities Home mortgages Consumer credit |
Passbook savings accounts |
| Finance companies | Non-mortgage business loans Consumer loans |
Bank loans Corporate bonds and paper |
| Insurance companies | U.S. Treasury securities | Contingent claims of policy holders |
| Pension funds | Corporate bonds State and local government securities |
Defined benefit pension claims |
| DIRECT FINANCE | ||
| Nonfinancial holders | Corporate bonds and paper U.S. Treasury securities State and local government securities |
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| Last Updated 12/02/2004 | Questions, Suggestions & Requests |
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