Non-interest income includes all of the following except: A) checking account fees. B) insufficient funds service charges. C) trust income. D) personnel expenses. E) all of the above are considered non-interest income.

Question

Quizplus · Accepted Answer

Personnel expenses are not considered non-interest income. Non-interest income refers to revenue earned from sources other than the interest on loans and investments, such as fees, commissions, and trust income. Checking account fees and insufficient funds service charges are examples of non-interest income, but personnel expenses are a cost incurred by the bank and not a source of revenue.

Non-Interest Income Includes All of the Following except