A savings and loan association (S&L) is a financial institution that accepts both savings and checking deposits and provides home mortgage loans.
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Q107: Many S&Ls failed due to the inflation
Q108: A savings account is also known as a
Q109: The Federal Reserve requires that all commercial
Q110: Checking accounts that pay interest to depositors
Q111: Commercial and consumer finance companies specialize in
Q113: Nonbanks accept deposits, but do not offer
Q114: Historically, savings and loans always paid lower
Q115: Technically, a bank can require depositors to
Q116: Certificates of deposit (CDs) represent demand deposits
Q117: Pension funds invest monies contributed by employers
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