Savings And Loan Associations. Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)., Example sentences with "savings and loan association", translation memory., Savings and loan association, a savings and home-financing institution that makes loans for the purchase of private housing, home improvements, and new construction.
Also, many of the advantages thrifts used to get, including less stringent regulation, have been eliminated over the years, most recently by the. These examples have been automatically selected and may contain sensitive content. The terms "S&L" or "thrift" are mainly used in the United States; similar institutions in the United Kingdom, Ireland and some. Savings and loan association, a savings and home-financing institution that makes loans for the purchase of private housing, home improvements, and new construction. In the US savings and loan associations provide a similar service.Savings and loan associations were insured by the Federal Savings and Loan Insurance Corp. until the crisis.
In the US savings and loan associations provide a similar service. A savings and loan association (S&L), or thrift institution, is a financial institution that specializes in accepting savings deposits and making mortgage and other loans.
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Mortgages are paid for from the interest paid by people borrowing money and from money placed by the public in savings accounts.,Federal savings and loan associations are regulated by the office of thrift Savings and loan associations are institutions that were originally established to allow ordinary people to deposit their savings and take out loans.,A savings and loan association, also known as a thrift, is a financial institution that specializes in accepting savings deposits and making mortgage and other loans.