A. savings associations
B. savings banks
C. credit unions
D. all of above
✅ The correct answer is option D.
Depository institutions such as thrifts includes savings associations, savings banks and credit unions. A thrift institution is a financial institution that obtains the majority of its funds from the savings of the public. The term can include several cooperative banking models; Savings and loan association. Mutual savings bank.
Depository institutions such as thrifts includes savings associations, savings banks and credit unions. A thrift institution is a financial institution that obtains the majority of its funds from the savings of the public. The term can include several cooperative banking models; Savings and loan association. Mutual savings bank.