The Federal Reserve Board of Governors established its CDIAC in 2010 as a mechanism for community banks, thrift institutions
, and credit unions (with assets of $10 billion or less) to provide input to the Board on the economy, lending conditions and other issues.
(8.) Deposit and market share data are as of June 30, 2004, and are based on calculations in which the deposits of thrift institutions
are included at 50 percent.
* The Securities and Exchange Commission (SEC) published for comment two rules, one of which would grant thrift institutions
a limited exception from Investment Advisers Act requirements governing the manner and extent to which such entities may hold themselves out to the public as providers of investment advisory services (www.sec.gov/news/press/200458.htm).
Financiers such as insurance companies, thrift institutions
and commercial banks were increasingly eager to establish a presence in the region.
At the same time, there were 7,887 FDIC-insured commercial banks and 1,534 insured thrift institutions
(savings and loan associations and mutual savings banks).
Treasury bureau that regulates the nation's thrift institutions
, such as savings banks.
(Riverwoods, IL) has released CCH 1999 Bank Tax Guide, a new desktop reference that includes relevant rules, strategies and analysis on the taxation of banks and thrift institutions
. Targeted to bank controllers and financial officers, CPAs and attorneys with bank pratices, the volume covers such topics as: applying market-to--market rules to an institution; determining if S Corporation status is right for an institution; properly treating credit card fees, points and non-performing loans; preventing disallowance of loan origination expenses; accounting for interest, fee and other income; modified debt; foreclosures; business expenses; bad-debt deductions; and, acquisitions.
With the signing of the Small Business Job Protection Act of 1996 (SBJPA), banks and thrift institutions
(as defined in Sec.
In fact, the banking industry posted record net profits in 1992, and the vast majority of surviving thrift institutions
were in the black.
* The office of Thrift Supervision (OTS) is now experimenting with an internally developed market value model that uses data provided by thrift institutions
to measure their interest-rate exposure.
Moreover, so long as federal banking regulations forced banks and thrift institutions
to hold down interest rates on savings accounts well below the general rate of inflation, only a fool would expect to retire comfortably on a passbook account.
Established by Congress in 1932, Federal Home Loan Bank of Atlanta is one of 12 regional banks that provide low-cost funding for thrift institutions
and help finance housing.
The agreement incorporates nonpublic information on financial solvency, insurance activities and thrift activities, as well as consumer complaints about the companies and thrift institutions
NAIC members and OTS supervise.
The new legislation makes the rules for auditing credit unions with $500 million or more assets similar to the rules for banks and thrift institutions
of comparable size, said Mark A.