Building society: Difference between revisions
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imported>Doug Williamson (Create the page. Source: http://businesscasestudies.co.uk/building-societies-association/building-societies-and-other-types-of-organisation/benefits-of-mutual-organisations.html#axzz4FFI5Mazm) |
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Revision as of 15:28, 23 July 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.
