Question

Savings and loans are financial institutions that are known as thrifts because they encourage __________.

Answer 1

I believe the answer is A) saving

Answer 2

Answer:  The correct answer is :  A. Saving

Explanation:   Savings and Loan Association is another name with which Savings Associations are known, they were originally created because many of the banks did not make mortgage loans. These associations specialize in receiving savings and deposits. They are of mutual control means that the people who deposit and lend can vote and be able to lead the organization.