thrift institutions
1Thrift Institutions Advisory Council — A council that advises the Federal Reserve board of governors on the various needs and condition of savings institutions. The council is made up of representatives of all types of savings institutions, including banks, credit unions and savings… …
2thrift institutions — See bank savings and loan association …
3thrift institution — An organization formed as a depository for primarily consumer savings. Savings and loan associations and savings banks are thrift institutions. Bloomberg Financial Dictionary * * * thrift institution UK US noun [C] (also thrift) BANKING, PROPERTY …
4Thrift Bank — A financial institution focusing on taking deposits and originating home mortgages. Thrift banks often have access to low cost funding from Federal Home Loan Banks, which allows for higher savings account yields to customers and increased… …
5Thrift — Thrifts are savings and loans associations. Thrifts also refer to credit unions and mutual savings banks that provide a variety saving and loans services. There are two basic thrift savings and loans: a general purpose loan which requires… …
6Office of Thrift Supervision — Agency overview Formed August 9, 1989 Preceding agency Federal Home Loan Bank Board Dissolved …
7Financial Institutions Reform, Recovery and Enforcement Act of 1989 — The Financial Institutions Reform Recovery and Enforcement Act of 1989 (FIRREA) is a United States federal law enacted in the wake of the savings and loan crisis of the 1980s. It established the Resolution Trust Corporation (RTC) to close… …
8Unitary Thrift — A company that controls a single savings and loan association. Unitary thrifts resemble bank holding companies in some respects, but their financial powers are broader in scope. They are authorized to engage in any type of industrial or… …
9Office of Thrift Supervision — ( OTS) The OTS regulates federally insured savings and loan institutions. One of the provisions of the Financial Institutions Reform, Recovery, and Enforcement Act ( FIRREA) established the OTS to replace the Federal Home Loan Bank Board as the… …
10Depository Institutions Deregulation and Monetary Control Act — The Depository Institutions Deregulation and Monetary Control Act, a United States federal financial statute law passed in 1980, gave the Federal Reserve greater control over non member banks. It forced all banks to abide by the Fed s rules. It… …
