+10
1 year ago
SAT
High School
Answer:
What Is a Mutual Savings Bank (MSB)?
A mutual savings bank is a type of thrift institution originally designed to serve low-income individuals. Historically, these individuals invested in long-term, fixed-rate assets, such as mortgages.
Explanation:
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Answer:
What Is a Mutual Savings Bank (MSB)?
A mutual savings bank is a type of thrift institution originally designed to serve low-income individuals. Historically, these individuals invested in long-term, fixed-rate assets, such as mortgages.
Explanation: