thrift institution


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Noun1.thrift institution - a depository financial institution intended to encourage personal savings and home buying
banking company, banking concern, depository financial institution, bank - a financial institution that accepts deposits and channels the money into lending activities; "he cashed a check at the bank"; "that bank holds the mortgage on my home"
savings and loan, savings and loan association - a thrift institution that is required by law to make a certain percentage of its loans as home mortgages
savings bank - a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks
References in periodicals archive ?
The quality of syndicated bank credits showed continued improvement this year, according to the Shared National Credit (SNC) review released on September 15, 2005, by federal bank and thrift institution regulators.
To preserve minority ownership of the thrift institution, Congresswoman Maxine Waters (D-CA) and the community's other political, religious, and business leaders "encouraged BBoC to participate in a process that ultimately concluded in the merging with Family," says Cohee.
The federal bank, thrift institution, and credit union regulatory agencies issued guidance on May 16, 2005, that promotes sound risk-management practices for home-equity lines of credit and loans.
The loan was placed for a 10-year term, with a 25- year amortization with a major thrift institution.
The federal bank, thrift institution, and credit union regulatory agencies issued on June 6, 2005, interim final rules under the Fair Credit Reporting Act (FCRA) that create exceptions to the statutory prohibition against obtaining or using medical information in connection with credit eligibility determinations.
Due to time constraints on the sales contract, Meridian placed the 75 percent loan-to-value loan through a local thrift institution.
8 billion is the fifth largest thrift institution in the United States.
The federal banking and thrift institution agencies, along with the Financial Crimes Enforcement Network (FinCEN), announced on July 18, 2005, registration details for the upcoming outreach events related to the Bank Secrecy Act/Anti-Money Laundering Examination Manual (BSA/AML Examination Manual) that was released on June 30, 2005.
A traditional thrift institution, Northeast Savings concentrates on its strengths of retail deposit gathering and residential mortgage lending.
The federal banking and thrift institution agencies, along with the Financial Crimes Enforcement Network (FinCEN), announced registration details on August 8, 2005, for a live webcast of the Bank Secrecy Act/Anti-Money Laundering Examination Manual outreach event that was held in New York on August 22, 2005.
The loan was placed at a local thrift institution and closed November 2nd.
is the holding company for Jefferson Federal Bank, a federally chartered stock thrift institution headquartered in Morristown, Tennessee.