Which type of financial intermediary is not considered a "thrift institution?"

Question

Quizplus · Accepted Answer

While savings-and-loans, mutual savings banks, and credit unions are all considered thrift institutions, commercial banks are not. Commercial banks differ from thrift institutions in that they are primarily focused on making loans and extending credit to businesses and individuals, whereas thrift institutions are more focused on gathering deposits and providing mortgages to homebuyers.

Which Type of Financial Intermediary Is Not Considered a "Thrift