The other banks affected by this move include; Women's World Banking, Ghana, Unicredit Savings and Loans
Ltd, Global Access Savings and Loans
Company Ltd, Accent Financial Services Ltd, Midland Savings and Loans
Company Ltd, First Allied Savings and Loans
In its formation, Non-stock Savings and Loans
Associations (NSSLAs) must have 'at least five but not more than 15 members of a well-defined group as provided herein may form an Association under this Act.' MBAs have no minimum membership, but to be classified as a micro-MBA it must have 5,000 members.
Desperate to stop the sale but lacking the necessary powers, Commissioner William Crawford of the California Department of Savings and Loans
sent his own small examination team to Lincoln, to see if his people could somehow put a spoke in Keating's wheel.
All these problems of commercial banks and savings and loan
associations have fostered industry consolidation.
The savings and loan
name may change - indeed, many savings and loans
already have renamed themselves banks - but they will continue to fulfill an important function in the housing market as originators of home loans.
They even had their own lobby: the National Savings and Loan
When the last failed savings and loan
in Louisiana was auctioned off by the Resolution Trust Corp., the newest black-owned bank in the Deep South--Dryades Savings Bank FSB--was born.
The number of savings and loan
associations continued to decline despite improvements in most thrifts' financial conditions, according to a Veribanc, Inc.
The nation's savings and loan
bailout agency, the Resolution Trust Corporation (RTC), lived precisely this scenario, not with used furniture, but with your money.
Lincoln Savings involved the deductibility of premiums paid into a fund maintained by the Federal Savings and Loan
Insurance Corporation (FSLIC).
The statute provides that loans made by lenders other than banks or savings and loan
associations which are usurious, are void.
First-quarter call report data released by the Office of Thrift Supervision showed continued improvement for most of the savings and loan
industry, according to an analysis by Veribanc, Inc.