Building society: Difference between revisions
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*[[Credit union]] | *[[Credit union]] | ||
*[[Mutual]] | *[[Mutual]] | ||
*[[Savings and loan association]] | |||
*[[Shareholder]] | *[[Shareholder]] | ||
*[[SMF participant]] | *[[SMF participant]] |
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.