Savings and loan associations

Savings and Loan associations (S&Ls)
depository institutions that specialize in originating, servicing, and holding mortgage loans, primarily on owner-occupied residential property .

Federal Savings and Loan Associations
Financial & Investment Dictionary:
Federal Savings and Loan Association
Home > Library > Business & Finance > Finance and Investment Dictionary ...

Savings and loan associations, mutual savings banks, and credit unions. ...

Savings and loan associations began to engage in large-scale speculation, particularly in real estate. Financial failure of the institutions became rampant, with well over 500 forced to close during the 1980s.

SAVINGS AND LOAN ASSOCIATIONS
Depository financial institutions that were originally established to assist home owners with low-cost mortgage loans using savings deposits.

Also known as "savings and loan associations".
Choose To Beat The Bank
From Booms To Bailouts: The Banking Crisis Of The 1980s
Money Market Mutual Funds: A Better Savings Account
Understanding Your Mortgage ...

Bailout bond A bond issued by the Resolution Funding Corporation (Refcorp) to save the failing savings and loan associations in the late 1980s and early 1990s. Baker Plan A plan by former U.S.

[NYMEX] American Savings and Loan League A thrift institution trade organization primarily representing minority-owned savings and loan associations. It is affiliated with America's Community Bankers.

This includes commercial banks, savings and loan associations, savings banks and credit unions. Depository Institutions Deregulation and Monetary Control Act The 1980 federal legislation that ended the regulation of the banking industry.

Federal Home Loan Banks The institutions that regulate and lend to savings and loan associations. The Federal Home Loan Banks play a role analogous to that played by the Federal Reserve Banks vis-à-vis member commercial banks.

Because CDs are issued by banks and savings and loan associations, principal is insured through the FDIC in most cases. CFA See chartered financial analyst. CFP See certified financial planner.

" Savings and loan associations, credit unions and other miscellaneous thrift institutions provide similar services under other names.

The agency of the federal government that supervises all federal savings and loan associations and federally insured state-chartered savings and loan associations.

INSTITUTIONAL LENDERS - Savings and loan associations, banks, life insurance companies and mutual savin...
INSTITUTIONAL LOAN STOCK - Debt put in by venture capitalists which may or may not be secured and which...

The institutions that regulate and lend to savings and loan associations. The
federal Home Loan Banks play a role analogous to that played by the federal reserve Banks vis-à-vis
member commercial banks.
Federally related institutions ...

booklet for recording transactions of bank customers a small booklet issued by savings and loan associations, and other financial institutions to record deposits, withdrawals, interest paid, and the balance on savings and deposit accounts.

FIRREA primarily addresses the operation of savings and loan associations; however, it includes a number of important provisions affecting commercial banks.

A group composed of lending institutions--banks, credit unions, savings and loan associations, finance companies, retail merchants, and credit card companies--and their debtors.
Learn about compensation planning tools
<< Debt Amounts Owed ...

Bailout Bond - A debt security issued by the Resolution Funding Corporation to bail out the savings and loan associations during the financial crisis of the late 1980s and early 1990s.

Congress to place banking and financial institutions into receivership like the Office of the Comptroller of the Currency for failing nationally chartered commercial banks; the Office of Thrift Supervision for failing savings and loan associations ...

The US government agency responsible for insuring deposits in savings and loan associations as well as regulating their operations. In many ways, the FSLIC is to savings and loan institutions what the FDIC is to banks.

Insurance companies, federal savings and loan associations, and savings banks are examples of mutual companies, although each type operates somewhat differently.
Mutual fund ...

An organization formed as a depository for primarily consumer savings. Savings and loan associations and savings banks are thrift institutions.
Thrift plan ...

Thrift Institution - thrifts include mutual savings banks, savings and loan associations and credit unions.

' The customers of the twelve Federal Reserve banks are not ordinary citizens but 'banks' in the inclusive sense of all depository institutions-commercial banks, savings banks, savings and loan associations, and credit unions.

Security guaranteed by the Government National Mortgage Association (GNMA), issued to savings and loan associations, mortgage bankers, commercial banks and other institutions.

Series EE savings bonds are issued by the US government in face value denominations ranging from $50 to $10,000 and are sold directly to investors by banks, credit unions, and savings and loan associations at a discount.

A financial institution that obtains its funds mainly through deposits from the public. This includes commercial banks, savings and loan associations, savings banks and credit unions.
Have YOU got what it takes?

Thrift institution
An organization formed as a depository for primarily consumer savings. Savings and loan associations and savings banks are thrift institutions.

Definition: Savings bank or savings and loan association. Definition: [crh] An organization formed as a depository for primarily consumer savings. Savings and loan associations and savings banks are thrift institutionsDefinition: .

Withdrawals from NOW accounts may be offered by commerical banks, mutual savings banks, and savings and loan associations and may be owned only by individuals and certain nonprofit organizations and govermental units.

Building societies are a form of financial mutual that is, in effect, a bank that is owned by its customers. The name reflects there origins, providing personal mortgage lending and savings accounts. They are similar to savings and loan associations ...

2All depository institutions that are subject to reserve requirements set by the Federal Reserve - including commercial banks, mutual savings banks, savings and loan associations and credit unions - have access to the "discount window".

Thrift: 1. The wise use of money, especially avoiding unnecessary spending. 2. A financial institution that accepts savings deposit but is not a bank. This includes credit unions, savings and loan associations, and mutual savings banks.

A share of the profits is distributed as dividends, allocated in proportion to the amount of business each customer does with the company. Insurance companies, federal savings and loan associations, and savings banks are examples of mutual companies, ...

assurance by a financial institution that a particular signature is valid. A notary cannot provide a signature guarantee. Acceptable guarantors include commercial banks that are members of the FDIC, trust companies, savings and loan associations.

Every driver in the UK has to be covered for third p...(Read more)
Thrift Institution
A depository or savings organisation for the purpose of holding peoples deposits. Includes savings and loan associations and mutual savings ...(Read more) ...

See also: Savings and loan association, Saving, Banks, Savings bank, Bills