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    Exam 4: Managing Your Cash and Savings
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    When a Savings Bank Is a Mutual Association, It Is
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When a Savings Bank Is a Mutual Association, It Is

Question 78

Question 78

Multiple Choice

When a savings bank is a mutual association, it is owned by the:


A) borrowers.
B) creditors.
C) depositors.
D) management.
E) local government.

Correct Answer:

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