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Savings \u0026 Loan Crisis (1990) #wealth #money #economy #finance
Savings institutions (also called savings & loans or savings banks) specialize in real estate financing. savings bank or a federal savings bank, respectively. a savings and home-financing institution that makes loans for the purchase of private housing, home improvements, and new construction. A savings and loan institution specializes in mortgage and home loans and may provide the same kinds of checking and savings accounts as a bank. A credit union.