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Holding the money deposits to businesses and households in making loans through the problem car at...

Holding the money deposits to businesses and households in making loans through the problem car at the basic functions of

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Holding the money deposits of businesses and households and making loans to the public are the basic functions of Commercial Banks and thrift institutions.

Banks have a couple of close cousins: savings institutions and credit unions. Banks, as explained, receive deposits from individuals and businesses and make loans with the money.Savings institutions are also sometimes called “savings and loans” or “thrifts.” They also take loans and make deposits.

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