Sharon,
Yes. When you bring up the Chrome Passwords page there is a section with the Saved Passwords list (by site) and a Never Saved section (also arranged by site).
I cannot tell you any more than that, as I absolutely never allow any browser to save passwords.
Bill,
I do not know what the underlying architecture is. I infer, from what the settings now read, that the actual password storage itself is probably cloud-based, but there is no way I can be 100% certain of that. These things get changed at the will of the developers, and since they're stored in encrypted form I wouldn't recognize them easily if they are stored locally.
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Brian - Windows 10 Home, 64-Bit, Version 1803, Build 17134
A great deal of intelligence can be invested in ignorance when the need for illusion is deep.
~ Saul Bellow, To Jerusalem and Back