S&Ls are also referred to as:
A) Building and people societies
B) Building and loan societies
C) Savings banks
D) Commercial banks
E) None of the above

Name: S&Ls are also referred to as: A) Building and people societies B) Building and loan societies C) Savings banks D) Commercial banks E) None of the above
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Quizplus · Accepted Answer

S&Ls, or Savings and Loan associations, are often referred to as Building and Loan societies, reflecting their historical role in providing savings accounts and mortgages.

S&Ls Are Also Referred to As