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Financial Institution Description These are organizations that invest in equity capital that is not traded...

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Accounting

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Financial Institution Description These are organizations that invest in equity capital that is not traded in public exchanges. They are owned by members so that members can share funds among themselves. Members who save deposit the funds. These funds are then loaned to members who need the funds. These government chartered institutions accept deposits from savers and use the pool of deposits to provide loans, usually fixed-rate mortgages, to borrowers

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