Savings and loan associations were first founded in the
A)early 1700s.
B)early 1830s.
C)late 1870s.
D)late 1920s.

Name: Savings and loan associations were first founded in the A)early 1700s. B)early 1830s. C)late 1870s. D)late 1920s.
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Savings and loan associations in the United States trace their origins back to the early 1830s. They were established to provide a savings mechanism and funding resources for members, primarily to finance home purchases.

Savings and Loan Associations Were First Founded in the