How do savings banks differ from savings associations? Differentiate in terms of risk, operating performance, balance sheet

Question:

How do savings banks differ from savings associations? Differentiate in terms of risk, operating performance, structure, and regulatory responsibility.
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...