thrift institution


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Words related to thrift institution

a depository financial institution intended to encourage personal savings and home buying

References in periodicals archive ?
Rumors are aloft about a commercial bank acquiring Dryades Savings Bank a New Orleans thrift institution. According to Dr.
Hudson City Bancorp, the holding company for Hudson City Savings Bank, maintains its corporate offices in Paramus, New Jersey, and is the largest thrift institution headquartered in New Jersey.
The loan was placed for a 10-year term, with a 25- year amortization with a major thrift institution. The property is managed by the Malachite Group, Ltd.
PARSONS WAS on top of the world when with little bank experience he landed the prime spot as CEO of Dime Savings Bank, a regional New York City thrift institution. But then bank regulators discovered that the Dime was saddled with $1 billion in bad debts.
This exception is available only for assets held, and information certified, by an insurance company, bank, thrift institution, trust company or similar institution that is subject to regular and periodic examination by a federal or state agency.
The federal bank, thrift institution, and credit union regulatory agencies issued guidance on May 16, 2005, that promotes sound risk-management practices for home-equity lines of credit and loans.
Due to time constraints on the sales contract, Meridian placed the 75 percent loan-to-value loan through a local thrift institution. The $2.325 million first lien mortgage has a 7.5 percent fixed rate locked for a seven-year term and is amortized on a 30-year schedule.
The federal bank, thrift institution, and credit union regulatory agencies issued on June 6, 2005, interim final rules under the Fair Credit Reporting Act (FCRA) that create exceptions to the statutory prohibition against obtaining or using medical information in connection with credit eligibility determinations.
Due to time constraints on the sales contract, Meridian placed the 75 percent loan-to-value loan through a local thrift institution. The $2.325 million first lien mortgage was a 7.5 percent fixed-rate locked for a seven-year term and amortized on a 30-year schedule.
Hudson City Savings Bank is the largest thrift institution headquartered in New Jersey.
The federal banking and thrift institution agencies, along with the Financial Crimes Enforcement Network (FinCEN), announced on July 18, 2005, registration details for the upcoming outreach events related to the Bank Secrecy Act/Anti-Money Laundering Examination Manual (BSA/AML Examination Manual) that was released on June 30, 2005.
The loan was placed at a local thrift institution and closed November 2nd.
Hudson City Savings Bank, a community financial institution serving its customers since 1868, is the largest thrift institution headquartered in New Jersey.
The federal banking and thrift institution agencies, along with the Financial Crimes Enforcement Network (FinCEN), announced registration details on August 8, 2005, for a live webcast of the Bank Secrecy Act/Anti-Money Laundering Examination Manual outreach event that was held in New York on August 22, 2005.