_____,often called "thrifts," are financial institutions that primarily offer savings accounts and make long-term loans for residential mortgages.

Name: _____,often called "thrifts," are financial institutions that primarily offer savings accounts and make long-term loans for residential mortgages.
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Question

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Savings and loan associations are specifically known for focusing on savings accounts and providing long-term loans for residential mortgages, which is why they are sometimes referred to as "thrifts."

_____,Often Called "Thrifts," Are Financial Institutions That Primarily Offer Savings