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    Financial Institutions Management Study Set 2
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    Exam 2: The Financial Service Industry: Depository Institutions
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    During the 1960s and 1970s, the Growth of Credit Unions
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During the 1960s and 1970s, the Growth of Credit Unions

Question 21

Question 21

True/False

During the 1960s and 1970s, the growth of credit unions ensured an increasing supply of funds for housing loans at reasonable rates, while the building society expansion ensured the availability of relatively low cost unsecured and secured personal loans.

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