--%>

Make mutual and stockholder-owned savings and loan

Compare and make mutual and stockholder-owned savings and associations of loan.
Some savings and loan associations are owned through stockholders, just as commercial banks and other corporations are owned through their stockholders.  Other S&Ls, termed as mutuals, are owned through their depositors. While a person deposits money in an account at a mutual S&L, that person becomes part owner of the firm. The mutual S&L's profits (if any) are put in a special reserve account from which dividends are paid from time to time to the owner/depositors.

   Related Questions in Finance Basics

  • Q : What is the Schedule of Operating

    Schedule of Operating Expenses and Equipment, Supplementary: The supplemental schedule proposed by department’s throughout budget preparation that details by object the expenses comprised in the Operating Expenses and Equipment class.

  • Q : Explain Fiscal Committees Fiscal

    Fiscal Committees: The committees of members in every house of the Legislature which review the fiscal impact of proposed legislation, comprising the Budget Bill. Presently, the fiscal committees comprise the Senate Budget and Fiscal

  • Q : Explain Budget Cycle Budget Cycle : The

    Budget Cycle: The time period needed to made a state financial plan and enacts that part of it applying to the budget year. The Significant events in the cycle comprise: • The preparation of G

  • Q : What is Fiscal Year Fiscal Year (FY):

    Fiscal Year (FY): Twelve-month periods throughout which income is earned and received, compulsions are incurred, encumbrances are prepared, appropriations are expended, and for which the other fiscal transactions are recorded. In Cali

  • Q : Why coefficient of variation is better

    Why is the coefficient of variation frequently a better risk measure while comparing different projects than the standard deviation?Whenever we desire to compare the risk of investments which have different means, we employ the coefficient of va

  • Q : What is Capital Outlay Capital Outlay

    Capital Outlay (CO): A character of expenses of funds to obtain land, plan and build new buildings, expand or transform existing buildings, and/or purchase tools associated to such construction.

  • Q : Explain Appropriation Appropriation :

    Appropriation: The authorization for a particular agency to make expenditures or make obligations from a particular fund for a particular purpose. It is generally limited in amount and period of time during which the expenses is to be

  • Q : Calculating the location in assessing

    Normal 0 false false

  • Q : Law of rising opportunity costs Normal

    Normal 0 false false

  • Q : Inflationary expenditure gap or

    Normal 0 false false