<P> Financial institutions are corporations which provide services as intermediaries of financial markets . Broadly speaking, there are three major types of financial institutions: </P> <Ol> <Li> Depository institutions--deposit - taking institutions that accept and manage deposits and make loans, including banks, building societies, credit unions, trust companies, and mortgage loan companies; </Li> <Li> Contractual institutions--insurance companies and pension funds </Li> <Li> Investment institutions--investment banks, underwriters, brokerage firms . </Li> </Ol> <Li> Depository institutions--deposit - taking institutions that accept and manage deposits and make loans, including banks, building societies, credit unions, trust companies, and mortgage loan companies; </Li>

What are two main types of financial institutions