Thrift Institutions

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who do thrifts normally cater to? They cater to savers or individuals with a small savings account or long term loans
How did thrifts come about? Thrifts were established because the services offered by commercial banks were geared towards businesses rather than individuals whose needs were different
There are two types of thrifts _____ and _____ savings and loan associations, and mutual savings bank
______ has historically been viewed as the place to obtain estate mortgages Savings and loan associations
How do savings and loans associations get the money to loan out? They take funds from many small savers and lead it to home buyers

who do thrifts normally cater to?

How did thrifts come about?

There are two types of thrifts _____ and _____

______ has historically been viewed as the place to obtain estate mortgages

How do savings and loans associations get the money to loan out?

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