Which of the Following Is Not a Thrift Institution

question 23

Multiple Choice

Which of the following is not a thrift institution?

• A)a savings and loan association
• B)a commercial bank
• C)a mutual savings bank
• D)an employee credit union
• E)a college credit union

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Definitions:

Higher Power

A spiritual entity or force believed to be greater than oneself, often central in various religious and spiritual beliefs.

Preconventional

The first level of Kohlberg's stages of moral development, where behavior is influenced by anticipation of pleasure or pain rather than by societal norms.

Lawrence Kohlberg

A renowned psychologist from the United States, famous for developing a theory on the stages of moral development.

Punished

The imposition of a penalty as retribution for an offense, or the treatment received as a consequence of an action.