Mutual Savings Bank

Concept of Mutual Savings Bank in the context of Real Property

A short definition of Mutual Savings Bank: An institution owned by its depositors, as evidenced by certificates of deposit rather than stock. These institutions are active in long term real estate financing, as opposed to commercial banks, which concentrate more on short term loans.

Concept of Mutual Savings Bank in the context of Real Property

A short definition of Mutual Savings Bank: An institution owned by its depositors, as evidenced by certificates of deposit rather than stock. These institutions are active in long term real estate financing, as opposed to commercial banks, which concentrate more on short term loans.