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I was more speaking to the origin of the term (as in, a society of people pooling their money to build buildings); not how it's used today. You may very well be
by tvladeck 10y ago
I was more speaking to the origin of the term (as in, a society of people pooling their money to build buildings); not how it's used today. You may very well be correct and that would make sense.
- alblue 10y agoMany building societies became banks over the last couple of decades. However, some are still mutually owned, such as the Narionwide and the Co-op.