Building society: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add link.) |
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==See also== | ==See also== | ||
*[[Bank]] | *[[Bank]] | ||
*[[Credit union]] | |||
*[[Mutual]] | *[[Mutual]] | ||
*[[Shareholder]] | *[[Shareholder]] | ||
*[[SMF participant]] | *[[SMF participant]] | ||
Revision as of 11:53, 13 August 2016
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.
