So far, you have read a lot about different types of financial institutions, such as banks and credit unions. However, only regulated financial institutions are controlled, insured, and supervised by the FDIC. Financial institutions that are unregulated are not subject to oversight from any government agencies, including the FDIC. This means any financial institutions that are unregulated cannot ensure that your money will be protected. These unregulated institutions actually helped in the financial crisis of 2008. So, what are the regulated financial institutions in this country?

Listed below are the functions of regulated financial institutions. Use this information to help you answer the question at the bottom of the page.

Function	Explanation
Loans and Credit	Financial institutions provide loans and advance credit to customers.
High Rate of Returns	Financial institutions provide a higher rate of returns (profit) from investments made.
Expert Advice	Financial institutions provide high-rated consultancy and investment advice to help their customers with their financial needs.
Depository	Financial institutions provide a place for entities to store and deposit their money, along with any high-valued items they want to keep secure (in safe-deposit boxes).
Finance-Related Work	Financial institutions provide finance-related work on behalf of their customers, like investing in specific stocks and/or bonds.