Federal savings association definition

Federal savings association means a savings and loan association organized under federal law.
Federal savings association means, for purposes of this part, a Federal savings association as that term is defined in 12 U.S.C. 1813(b)(2) and any service corporations thereof.

Examples of Federal savings association in a sentence

  • The Bank is a Federal savings association within the meaning of 12 U.S.C.§ 1813(q)(1)(C), and is chartered and examined by the OCC.

  • A national bank or Federal savings association must use the column labeled ‘‘Credit (investment-grade reference asset)’’ for a credit derivative whose reference asset is an outstanding unsecured long-term debt security without credit enhancement that is investment grade.

  • With regard to any real property loan originated or to be originated by a Federal savings association, as a mat- ter of contract between it and the bor- rower, a Federal savings association continues to have the power to include a due-on-sale clause in its loan instru- ment.

  • The waiver and re- lease apply to all loans secured by homes occupied by borrowers made by a Federal savings association after July 31, 1976, and to all loans secured by homes occupied by borrowers made by other lenders after the effective date of this regulation.

  • Second, using recent case law, this article analyzes the different methods that courts use to reconcile the competing provisions of FCRA.


More Definitions of Federal savings association

Federal savings association means a Federal savings association or an oper- ating subsidiary of a Federal savings association.
Federal savings association means, for purposes of this part, a Federal sav- ings association as that term is defined in 12 U.S.C. 1813(b)(2) and any subsidi- aries or service corporations thereof.
Federal savings association means a Federal savings association or a Fed- eral savings bank chartered under sec- tion 5 of the HOLA.
Federal savings association means a corporation organized under 12 U.S.C. §1464.
Federal savings association means a federal savings and loan association or a federal savings
Federal savings association means a Federal savings association or a Fed- eral savings bank chartered under sec- tion 5 of the Home OwnersLoan Act, 12 U.S.C. 1464.