Mutual Savings Bank is one of the financial institution that chartered by the government without capital stock and its own by the member who purchase the common fund of the institution

April 20, 2019 Critical Thinking

Mutual Savings Bank is one of the financial institution that chartered by the government without capital stock and its own by the member who purchase the common fund of the institution. The service that they provided are let the member to save in the institution or invest in savings such as mortgages, loans, stocks, bonds and also other securities. The profit they gain from the investment will be shared among the members who involved in the investment. For those investor who would like to invest but scare to take higher risk, they can try invest in Mutual Savings Bank which provide a safe place for save and investment.