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What is a savings and loans?

Updated: 9/25/2023
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8y ago

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Savings and loan association or S&L is commonly known as thrift is a kind of financial institution or organization that specializes in accepting savings deposits and lending funds or loans for other companies with a certain rate of return and interests.

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Ethel Hauck

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2y ago
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What is a Savings and Loans association?

Savings and loan association or S&L is commonly known as thrift is a kind of financial institution or organization that specializes in accepting savings deposits and lending funds or loans for other companies with a certain rate of return and interests.