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Thrift institution information


A thrift institution is a financial institution that obtains the majority of its funds from the savings of the public. The term can include several cooperative banking models;

  • Savings and loan association
  • Mutual savings bank
  • Credit union

and 26 Related for: Thrift institution information

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Thrift institution

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A thrift institution is a financial institution that obtains the majority of its funds from the savings of the public. The term can include several cooperative...

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Savings and loan association

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A savings and loan association (S&L), or thrift institution, is a financial institution that specializes in accepting savings deposits and making mortgage...

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Washington Mutual

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holding company named Washington Mutual Inc. Shares outstanding of the thrift institution were converted into shares of the new company. The name of the company's...

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Financial institution

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Office of Thrift Supervision – National Savings & Loan Association, State governments each often regulate and charter financial institutions. Countries...

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Certificate

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CD, a financial product commonly offered to consumers by banks, thrift institutions and credit unions Investment certificate Stock certificate Authorization...

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Savings and loan crisis

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(S&Ls) in the United States from 1986 to 1995. An S&L or "thrift" is a financial institution that accepts savings deposits and makes mortgage, car and...

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ABA routing transit number

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were assigned only to thrift institutions (e.g. credit unions and savings banks) through 1985, but are no longer assigned (thrifts are assigned normal 01–12...

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United States Department of the Treasury

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government debt instruments; licenses and supervises banks and thrift institutions; and advises the legislative and executive branches on matters of...

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Office of Thrift Supervision

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The Office of Thrift Supervision (OTS) was a United States federal agency under the Department of the Treasury that chartered, supervised, and regulated...

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TitleMax

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who generally have limited access to consumer credit from banks, thrift institutions, credit card lenders, and other traditional sources of consumer credit...

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Office of the Comptroller of the Currency

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serves to charter, regulate, and supervise all national banks and thrift institutions and the federally licensed branches and agencies of foreign banks...

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Banco Popular de Puerto Rico

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Economías y Préstamos) on 5 October 1893. The founders wanted to create a thrift institution for the island's poor to encourage savings. 1928: First bank in Puerto...

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Certificate of deposit

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A certificate of deposit (CD) is a time deposit sold by banks, thrift institutions, and credit unions in the United States. CDs typically differ from...

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Personal identification number

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card and PIN capabilities. The system was designed to let banks and thrift institutions switch to a plastic card environment from a passbook program. The...

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Paradox of thrift

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The paradox of thrift (or paradox of saving) is a paradox of economics. The paradox states that an increase in autonomous saving leads to a decrease in...

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Money market

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deposit – Time deposit, commonly offered to consumers by banks, thrift institutions, and credit unions. Repurchase agreements – Short-term loans—normally...

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Thrift Financial Report

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Thrifts are required by the Office of Thrift Supervision (OTS), among other requirements, to file a key quarterly financial report called the Thrift Financial...

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Trustees System Service

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The Trustees System Service was an American loan and thrift institution founded in Birmingham, Alabama in 1914. It was capitalized by wage earners in the...

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Old Stone Bank

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largest bank in Rhode Island when it was declared insolvent by the Office of Thrift Supervision on January 29, 1993. Providence-based Citizens Bank acquired...

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Bank

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set of rules and regulations to which banks and thrifts must adhere. The Federal Financial Institutions Examination Council (FFIEC) was established in...

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TMX Finance

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who generally have limited access to consumer credit from banks, thrift institutions, credit card lenders, and other traditional sources of consumer credit...

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Money supply

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and thrift institutions to augment M2-type balances in meeting credit demands, as well as balances in money market mutual funds held by institutional investors...

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Qualified institutional buyer

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institution is a bank or savings and loans thrift they must have a net worth of at least $25 million. If the institution is a registered dealer acting for its...

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1988 in the United States

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Dan Quayle as his running mate. September 5 – With the US's largest thrift institution, American Savings and Loan Association, entering receivership, the...

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Receivership

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chartered commercial banks; the Office of Thrift Supervision for failing savings and loan associations (thrift institutions); and the Federal Housing Finance...

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Securities market

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deposit, a financial product commonly offered to consumers by banks, thrift institutions, and credit unions. CDs are similar to savings accounts in that they...

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