McCormick, president and CEO, First Federal Savings and Loan Association, Port Angeles, Washington. Announcements The honored institutions included the Amalgamated Bank, Apple Bank for Savings, Banco Popular, The Bank of New York, Fleet Bank, N.A., Flushing Savings Bank, FSB, GreenPoint Bank, HS...
Related to Savings and loan associations:savings bank,Thrift institutions,s&ls ThesaurusAntonymsRelated WordsSynonymsLegend: Switch tonew thesaurus Noun1.savings and loan- a thrift institution that is required by law to make a certain percentage of its loans as home mortgages ...
The bank offers a variety of financial products, such as savings accounts, loans, and credit cards. What is the main function of a savings account? A. To borrow money. B. To lend money. C. To store money and earn interest. D. To make purchases. ...
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Creditors realized that p2p gives a higher interest rate than those of the bank accounts and government loans. 1.9 [Related to the Making the Connection on page 9] Households have a much larger fraction of their savings in pension funds than in bank deposits. If you are saving for ...
savings and loan association (S&L), type of financial institution that was originally created to accept savings from private investors and to provide home mortgage services for the public. The first U.S. S&L was founded in 1831. In 1932, the Federal Home Loan Bank System was created to ...
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and inadequate regulation and supervision by the Fed and other bank regulators. A hard-won lesson from the crisis is that the savings of every retiree, the job of every worker, the payroll of every business, and the well-being of every individual depend on a safe and stable financial ...
savings and loan association in Loans topic From Longman Dictionary of Contemporary Englishˌsavings and ˈloan association noun [countable] American English a business, similar to a bank, that lends money, and into which you pay money that you want to save SYN building society British English...