thrift institution

Definition of "thrift institution"
  1. A type of banking organization like savings banks or savings and loan associations
How to use "thrift institution" in a sentence
  1. The thrift institution provided the necessary loan for the house purchase.
  2. Many people prefer to do business with their local thrift institution rather than a big bank.
  3. The disappearance of the neighborhood thrift institution had a big impact on local economies.

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