What is another word for savings and loan association?
Pronunciation: [sˈe͡ɪvɪŋz and lˈə͡ʊn ɐsˈə͡ʊsɪˈe͡ɪʃən] (IPA) 
A savings and loan association is a financial institution that offers its members various banking and financial services, including savings accounts, mortgages, and other loans. There are several different synonyms for this type of institution, including thrift institution, savings bank, building society, and cooperative bank. These institutions all operate under a similar premise, providing their members with a secure place to save and access funds when needed. While the names may differ, the core mission of all savings and loan associations remains the same, to serve their members and provide a valuable resource for building financial stability and success.
