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28 February, 08:11

What kinds of services do financial institutions such as banks and savings and loans offer?

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  1. 28 February, 08:16
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    Savings and Loans, referred to as S&Ls, provide many of the same services to customers as commercial banks, including deposits, loans, mortgages, checks, and debit cards

    Explanation: Savings and loan associations (S&Ls) are one of four types of "banks" which offer a range of financial services, including checking accounts, savings, accounts, home mortgage loans, credit cards, and other consumer loans. As financial intermediaries, S&Ls match up lenders and borrowers.
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