building and loan legal definition of building and loan. building and loan synonyms by the Free Online Law Dictionary.

987,787,896 visitors served.

TheFreeDictionary Google

Word / Article Starts with Ends with Text

Dictionary/
thesaurus

building and loan n. another name for savings and loan association. As the name implies, originally these institutions were meant to provide loans for building a house after the depositor had saved enough for a down payment. (See: savings and loan)

? References in periodicals archive
That was true in the earliest days of community banking, when Savings and Loans and Building and Loan Associations were first formed by the residents of rural areas to provide more financial flexibility to their farming neighbors. The evolution of community banking by Tower Daniel / Real Estate Weekly By 1890, the nation's estimated $11 trillion in private debt was segmented along social class lines: while the urban working class turned to pawnbrokers, small-loan agencies, and marginal retailers selling furniture or clothing on the installment plan, middleclass clients patronized more respectable building and loan associations for five-year mortgages for the construction of residential homes. Financing the American Dream: A Cultural History of Consumer Credit. ... by Horowitz, David A. / Journal of Social History Washington Mutual's roots date back to 1889 when the Washington National Building and Loan Investment Association was founded to help people rebuild after the great Seattle fire. WASHINGTON MUTUAL CUTS 200 POSITIONS AX TO FALL ON VALLEY WORKERS by Daily News (Los Angeles, CA) More results

That was true in the earliest days of community banking, when Savings and Loans and Building and Loan Associations were first formed by the residents of rural areas to provide more financial flexibility to their farming neighbors.

The evolution of community banking by Tower Daniel / Real Estate Weekly

By 1890, the nation's estimated $11 trillion in private debt was segmented along social class lines: while the urban working class turned to pawnbrokers, small-loan agencies, and marginal retailers selling furniture or clothing on the installment plan, middleclass clients patronized more respectable building and loan associations for five-year mortgages for the construction of residential homes.

Financing the American Dream: A Cultural History of Consumer Credit. ... by Horowitz, David A. / Journal of Social History

Washington Mutual's roots date back to 1889 when the Washington National Building and Loan Investment Association was founded to help people rebuild after the great Seattle fire.

WASHINGTON MUTUAL CUTS 200 POSITIONS AX TO FALL ON VALLEY WORKERS by Daily News (Los Angeles, CA)

More results

TheFreeDictionary Google

Word / Article Starts with Ends with Text

Free Tools:	For surfers: Browser extension \| Word of the Day \| Help For webmasters: Free content NEW! \| Linking \| Lookup box \| Double-click lookup \| Partner with us

All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.