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Thrift Institution Thrift Institution Thrift institutions „і Savings associations „іSavings banks „іCredit unions First created in the early 1800s in response to the commercial banksЎ¦ failure to adequately serve the needs of individuals requiring borrowed funds to purchase homes. Similar to commercial banks, they provide important residential mortgages and other lending services to households. Insert.
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53,119,000Current Portion Of Long Term DebtRate Of Long-Term Mortgages