Savings and loan association: Difference between revisions

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imported>Doug Williamson
(Create page - source - Moles & Terry - Handbook of International Financial Terms)
 
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*[[Credit union]]
*[[Credit union]]
*[[Deposit]]
*[[Deposit]]
*[[Loan]]
*[[Mortgage]]
*[[Mortgage]]
*[[Mutual]]
*[[Mutual]]
*[[Real estate]]
*[[Real estate]]
*[[Savings]]
*[[Thrift]]
*[[Thrift]]



Latest revision as of 22:17, 13 August 2022

United States - financial institutions.

(S&L).

A savings and loan association takes in deposits and makes loans, usually in the form of mortgage loans secured on residential real estate.

Similar to a building society.


Also known as a savings and loan, or a thrift.


See also