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Building and Loan Association

   Also found in: Financial, Encyclopedia, Wikipedia, Hutchinson 0.10 sec.

An organization that exists to accumulate a fund, composed of subscriptions and savings of its members, to help facilitate the purchase or construction of real estate by such members by lending them the necessary funds.

Cross-references

Savings and Loan Association.
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? References in periodicals archive
California Federal was founded in 1926 as the Railway Mutual Building and Loan Association, which served the employees of the Los Angeles Pacific Electric Railway system, the old "Red Cars" that used to provide urban transportation here.
Under new leadership, CalFed has gotten back to the business of ... by Cole, Benjamin Mark / Los Angeles Business Journal
Atlantic Liberty Savings was originally a New York building and loan association serving the Brooklyn community since 1888.
Flushing Financial Corporation and Atlantic Liberty Financial ... by Business Wire
Atlantic Liberty Savings was originally a New York building and loan association serving the Brooklyn community since 1888.
Office of Thrift Supervision Approves Flushing Financial ... by Business Wire
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