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Thrift institutions primarily include savings and loan associations, savings banks, and credit unions. These entities focus on accepting deposits and providing loans, particularly for home mortgages. They often cater to local communities, promoting savings and offering lower interest rates on loans compared to traditional banks. Additionally, credit unions operate as member-owned cooperatives, emphasizing service to their members over profit.

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Related Questions

What is the third of three advisory groups to the Board of Governors?

Thrift Institutions Advisory Council, consisting of people representing thrift institutions.


What is a thrift?

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http://www.automotivedigest.com/research/research_results.asp?sigstats_id=541 lists the top 20 thrift banks in the U.S. for 2003.


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What is the pronoun for the thrift shop?

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Thrift Factory?

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