Thrift institutions (thrifts)
Savings and loan associations, mutual savings banks, and credit unions. ...
THRIFT INSTITUTION
Thrifts are specialized depository institutions in the United States. Depository institutions comprise all financial intermediaries that accepts deposits and offer medium-term loans, especially in the real estate sector.
Thrift Institution
Definition: Savings bank or savings and loan association. Definition: [crh] An organization formed as a depository for primarily consumer savings.
Thrift Institution - thrifts include mutual savings banks, savings and loan associations and credit unions.
Thrift institution
An organization formed as a depository for primarily consumer savings. Savings and loan associations and savings banks are thrift institutions.
Thrift plan ...
THRIFT INSTITUTIONS: Non-profit depository financial institutions that were originally established to provide limited banking services, often to specific groups, that were not adequately offered by traditional banks.
Thrift institutions are a general term often used for mutual savings banks, savings and loan associations, and credit unions.
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Thrift Institutions Advisory Council (TIAC) A council, established following the passage of the Monetary Control Act of 1980, whose purpose is to provide information and views on the special needs and problems of thrifts.
A type of thrift institution, originally designed to serve low-income individuals, that historically invested in long-term, fixed-rate assets such as mortgages.
banks and thrift institutions are obligated by law to maintain certain levels of reserves, either as reserves with the Fed or as vault cash.
[FDIC] Accelerated Resolution Program (ARP) A means of resolving a failed thrift institution in which there is an expedited transfer of the insolvent thrift's assets and deposit liabilities to a healthy institution, ...
Savings Association Insurance Fund (SAIF) A government organization that replaced the Federal Savings and Loan Insurance Corporation as the provider of deposit insurance for thrift institutions.
Core capitalThe capital required of a thrift institution, which must be at least 2% of assets to meet the rules of the Federal Home Loan Bank. Core competencePrimary area of expertise.
federal agency established in 1933 that guarantees (within limits) funds on deposit in member banks and thrift institutions and performs other functions such as making loans to or buying assets from member institutions to facilitate mergers or ...
The Federal Deposit Insurance Corportion (FDIC) insures deposits in banks and thrift institutions, assuring bank customers that their savings and checking accounts are safe.
" Savings and loan associations, credit unions and other miscellaneous thrift institutions provide similar services under other names.
Savings and loan associations and savings banks are thrift institutions. Thrift Institution Advisory Council (TIAC) ...
A certificate of deposit issued by a bank or thrift institution bought by a brokerage firm in bulk for the purpose of reselling to brokerage customers.
FINANCE SUBSIDIARY - a thrift institution's subsidiary company organized for the sole purpose of sellin...
FINANCIAL (STATEMENT) ANALYSIS - The art of transforming data from financial statements into informatio...
Organization engaged in any of the many aspects of finance including commercial banks, thrift institutions, investment banks, securities brokers and dealers, credit unions, investment companies, insurance companies, and REAL ESTATE INVESTMENT TRUSTS.
The VA guarantees repayment of the loans. This federal guarantee means that banks and thrift institutions can afford to provide 30-year VA mortgages on favorable terms even during periods when borrowing in general is expensive.
A bureau of the U.S. Treasury Department established in August 1989. OTS has the authority to charter federal Thrift Institutions and serves as the primary regulator of approximately 2,000 federal and state chartered thrifts.
OTS ...
Salomon Smith Barney's 3-Month Certificate of Deposit Index includes negotiable money-market securities certifying a three-month time deposit at a commercial bank or thrift institution.
Established by the federal government in 1933 after the bank failures of the Great Depression, the FDIC guarantees deposits in member banks and thrift institutions for up $100,000 per depositor per bank.
Certificate of Deposits (or CDs) - A time deposit; a financial product commonly offered to consumers by banks, thrift institutions, and credit unions.
A personal check drawn by an individual that is certified (guaranteed) to be good. The face of the check bears the words "certified" or "accepted," and is signed by an official of the bank or thrift institution issuing the check.
certificate of deposit (CD)
Savings certificate that entitles the holder to the receipt of interest. CDs are issued by commercial banks and savings and loans (or other thrift institutions).
As used by thrift institutions and the OTS, the term has been replaced by "net portfolio value" or NPV. As used by bankers and banking regulators, the term is slowly being replaced by "economic value of equity" or EVE.
Although historically they have broadened their powers in recent years. For example, NOW accounts, credit union share drafts and other services similar to checking accounts may be offered by thrift institutions.
Much of the growth came at the expense of banks and thrift institutions. With the recession of the late 1980s and early 1990s, interest rates (and, temporarily, the popularity of the funds) dropped. By 1999 more than $800 billion was invested in U.S.
float; and (4) other checkable deposits (OCDs), consisting of negotiable order of withdrawal (NOW) and automatic transfer service (ATS) accounts at depository institutions, credit union share draft accounts, and demand deposits at thrift institutions.
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: Banks, Saving, Thrift institutions, Savings and loan association, Expense
  
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