Building society: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add link.) |
||
| (One intermediate revision by the same user not shown) | |||
| Line 9: | Line 9: | ||
*[[Credit union]] | *[[Credit union]] | ||
*[[Mutual]] | *[[Mutual]] | ||
*[[Savings and loan association]] | |||
*[[Shareholder]] | *[[Shareholder]] | ||
*[[SMF participant]] | *[[SMF participant]] | ||
[[Category:The_business_context]] | |||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 17:22, 4 August 2022
A deposit taking and lending organisation owned mutually by its customers.
By contrast, most banks are owned by shareholders, who would not normally or necessarily be customers of the bank.
