Which one of the following is nota service of depository institutions?

A) Providing a place for reserve account deposits.

B) Lowering the cost of monitoring borrowers.

C) Creating liquidity.

D) Pooling risk.

E) Lowering the cost of borrowing

Depository institutions provide 4 important services to the economy:

they provide safekeeping services and liquidity;

they provide a payment system consisting of checks and electronic funds transfers;

they pool the money of many savers and lend it out to people and businesses; and.

they invest in securities.