Savings and loans

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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


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