wisemanv047
wisemanv047 wisemanv047
  • 18-03-2022
  • Social Studies
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Which financial institutions are often called thrifts? finance companies savings and loans commercial banks credit unions

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nurudeenrahmon71
nurudeenrahmon71 nurudeenrahmon71
  • 18-03-2022

Answer:

Loans commercial banks credit unions are financial institutions also often called thrifts. Thrift banks are small scaled financial institutions where primarily deposits are accepted and they are mostly originated from home based mortgages. They can also be termed s savings or loan associations.

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