Savings and loan association: Difference between revisions
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imported>Doug Williamson (Create page - source - Moles & Terry - Handbook of International Financial Terms) |
imported>Doug Williamson (Add links.) |
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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.