Not-for-profit,common-bond financial institutions that are owned by their members are called

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The description matches that of credit unions, which are owned by their members and operate as not-for-profit institutions with a common bond among members. Mutual savings banks also operate as not-for-profit institutions, but they do not necessarily have a common bond among members. Credit bureaus are not financial institutions and do not have ownership by members. Savings banks can be either for-profit or not-for-profit institutions and may or may not have member ownership.

Not-For-Profit,common-Bond Financial Institutions That Are Owned by Their Members Are