Savings and loans
Oxford was started to fill a need that commercial banks were overlooking individuals who wanted to blank
Buy a home
A contribution is a financial cooperative that provides loans to its members at lower rates of interest than would be available at other institutions
False
Tim can take out a car loan from his SLA
False
Credit union
Financial cooperative that provides loans to members at lower rates of interest
Quarterly
Four times a year
Savings and loan
Give less products than a bank would but better returns on money put into their accounts
SLAs pay earnings in regular blank to their members but continue to finance homes and charge interest
Installments
Residential mortgage loans
Loans that are assisting non-commercial purposes they help people by houses
Annual
Once a year
Share
One of the equal parts divided by a corporation
Installment payments
Paying on a regular basis at a set time each month or parts of a year
The Oxford Provident building Association was the first blank to form in America
Savings and loan association
SLAs are institutions that give fewer products than a bank would but make up for it by giving better returns on the money put into their accounts
True
The housing industry depends on the SLA for continued growth
True
Semi annual
Twice a year
Serial association
Would find new ways of financial assistance rather then closing after a completed project