Which type of institution usually handles deposit accounts and personal loans?

Savings and loan associations primarily focus on accepting deposits and providing personal loans to individuals. These institutions are designed to promote savings and offer loans mainly for purposes like home purchases or personal expenses. They serve a vital role in the community by providing accessible financial services to consumers.

Investment firms, on the other hand, are primarily involved in managing investments and facilitating buying and selling of securities, rather than handling deposit accounts or personal loans. Mutual funds pool money from various investors to invest in a diversified portfolio of stocks, bonds, or other securities, which is distinctly different from offering personal loans or managing deposit accounts. Finance companies typically provide loans but do not usually offer deposit accounts. They tend to focus on providing credit and often have higher interest rates than traditional banks or savings and loan associations.

In summary, savings and loan associations are specifically designed to handle both deposit accounts and personal loans, making them the correct answer for this question.