Persons who borrow money from a savings and loan association must also save there.

Name: Persons who borrow money from a savings and loan association must also save there.
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Savings and loan associations may offer loans to individuals without requiring them to save with the institution. Borrowing and saving are typically separate activities, and while some institutions may encourage or offer benefits for doing both, it is not a mandatory requirement.

Persons Who Borrow Money from a Savings and Loan Association