thrifts
Look at other dictionaries:
thrifts — θrɪft n. financial institution designed for depositing savings (e.g. savings bank, credit union); any plant of the genus Armeria; plant similar or related to plants of the genus Armeria n. saving, economizing … English contemporary dictionary
thrifts — Savings banks, savings and loans … American business jargon
Thrift — 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… … Investment dictionary
Savings and loan crisis — The savings and loan crisis of the 1980s and 1990s (commonly referred to as the S L crisis) was the failure of 747 savings and loan associations (S Ls) in the United States. The ultimate cost of the crisis is estimated to have totaled around… … Wikipedia
Federal savings association — Federal savings associations (also called federal thrifts ), in the United States, are institutions chartered by the Office of Thrift Supervision pursuant to the provisions of the Home Owners Loan Act, a U.S. federal statute. Although the… … Wikipedia
Community Reinvestment Act — The Community Reinvestment Act (CRA, Pub.L. 95 128, title VIII of the Housing and Community Development Act of 1977, 91 Stat. 1147, 12 U.S.C. § 2901 et seq.) is a United States federal law designed to encourage commercial… … Wikipedia
Savings and loan association — A savings and loan association, also known as a thrift, is a financial institution that specializes in accepting savings deposits and making mortgage loans. The term is mainly used in the United States; similar institutions in the United Kingdom … Wikipedia
Office of Thrift Supervision — Agency overview Formed August 9, 1989 Preceding agency Federal Home Loan Bank Board Dissolved … Wikipedia
Depository Institutions Act of 1982 — A law passed by Congress with the intent of making savings and loan institutions more competitive. The best known of its many provisions was a section that enabled these so called thrifts to offer money market deposit accounts with no interest… … Investment dictionary
Resolution Trust Corporation - RTC — A temporary federal agency established under the Financial Institutions Reform, Recovery and Enforcement Act (FIRREA), enacted on Aug. 9, 1989, to resolve the savings and loan (S L) crisis of the 1980s. The Resolution Trust Corporation (RTC) had… … Investment dictionary
