Savings institutions definition

Savings institutions means any savings and loan association or building and loan association operating pursuant to the "Savings and Loan Act (1963)," P.L.1963, c.144 (C.17:12B-2 et seq.), and any federal savings and loan association and any association or credit union organized under the laws of the United States or of any state whose accounts are insured by a federal corporation or agency;

Examples of Savings institutions in a sentence

  • Savings institutions are required to collateralize 100 percent of deposits in excess of FSLIC limits.

  • Banking review board.2. College savings program board.3. Credit union review board.5. Savings institutions review board.9. Board on aging and long−term care.

  • Savings institutions must pass the three (3) risk-based capital requirements set forth in 12 CFR 567.2(a)(1).

  • Savings institutions enjoyed record profitability during the late 1990s and early 2000s.

  • Savings institutions are establishments primarily engaged in accepting time deposits, making mortgage and real estate loans, and investing in high-grade securities.Savings and loan associations and savings banks are included in this industry.

  • Savings institutions were key to the broader vision of liberal governance that many savings advocates advanced.

  • Savings institutions A decade ago, this book would likely not have had “microfinance” in the title; instead, it would have been about prospects for “microcredit.” The shift in wording reflects the awareness that the “unbanked” lack access to more than just loans.

  • Savings institutions reported earnings of $6.4 billion for 1994, down from the $6.8 billion earned in 1993.

  • Credit union review board.5. Savings institutions review board.9. Board on aging and long−term care.10.

  • Savings institutions (such as savings and loans) were important 1957-1991.

Related to Savings institutions

  • Religious institution means

  • Minority institutions , as used in this clause, means an institution of higher education meeting the requirements of section 1046(3) of the Higher Education Act of 1965 (20 U.S.C. 1135d-5(3)) which for the purposes of this clause includes a Hispanic-serving institution of higher education as defined in section 316(b)(1) of the Act (20 U.S.C.

  • credit institutions means credit institutions as defined under Directive 2006/48/EC;

  • the institution means the institution which the Corporation is established to conduct and any institution for the time being conducted by the Corporation in exercise of its powers under the Further and Higher Education Act 1992;

  • Educational institutions means schools and suchlike institutions;

  • State institution means a mental health institute, as defined in s. 51.01 (12), a center for the developmentally disabled, as defined in s. 51.01 (3), or a secure mental health facility at which persons are committed under s. 980.06.

  • health institution means an organisation whose primary purpose is the care or treatment of patients or the promotion of public health;

  • Member Institution means a university that is a member of CUSC/CCREU.

  • Home Institution means the institution where the student is currently enrolled as a degree seeking student and may be eligible for financial aid at the same institution.

  • banking institution means a bank, bank and trust company, trust company, savings bank, private bank, or a national banking association, organized and doing business under the provisions of any law of this state, or of any other state of the United States, or under the provisions of any law of the United States of America.

  • Health Savings Account means an account as permitted under section 223 of the internal revenue code of 1986, 26 USC 223.

  • Participating institution means an "institution" as defined in KRS 164.001 that actively participates in the federal Pell Grant program, executes a contract with the authority on terms the authority deems necessary or appropriate for the administration of its programs, and:

  • private institution (“sefydliad preifat”) means an institution which is not publicly funded;

  • Savings Account means an account, which is based on Mudarabah and its profit shall be calculated based on the profit earned on any balance maintained above the minimum threshold or average threshold (as may be agreed upon with the Bank).

  • Savings bank means a state banking corporation organized or reorganized under this act.

  • Custodial Institution means any Entity that holds, as a substantial portion of its business, financial assets for the account of others. An entity holds financial assets for the account of others as a substantial portion of its business if the entity’s gross income attributable to the holding of financial assets and related financial services equals or exceeds 20 percent of the entity’s gross income during the shorter of: (i) the three-year period that ends on December 31 (or the final day of a non-calendar year accounting period) prior to the year in which the determination is being made; or (ii) the period during which the entity has been in existence.

  • Health care institution means any facility as defined in

  • the Institute means the IMO International Maritime Law Institute.

  • Minority institution means an institution of higher education meeting the requirements of Section 365(3) of the Higher Education Act of 1965 (20 U.S.C. 1067k), including a Hispanic-serving institution of higher education, as defined in Section 502(a) of the Act (20 U.S.C. 1101a).

  • Educational institution means a University or any educational institution recognized by the State Government, a University or other competent authority;

  • Savings and loan association means an association established under Act No. 156 of the Public Acts of 1964, as amended, being sections 489.501 to 489.920 of the Michigan Compiled Laws, or a federal savings and loan association established under the laws of the United States having its main office in this state.

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • insurance agent means, subject to subsection (2), any person who for any compensation and through any medium does one or more of the following:

  • Host Institution means the body or institution or administering organisation named in the Letter of Award as the “Host Institution” as the body responsible for undertaking and managing the Research;

  • Charitable Institution shall refer to an organization described in section 501(c)(3) of the Code (or any corresponding provision of a future United State Internal Revenue law) which is exempt from income taxation under section 501(a) thereof; and (iii) “presumptive remaindermen” shall refer to those Persons entitled to a share of a trust’s assets if it were then to terminate.

  • Relevant Institution means a person that has permission under Part 4A of the Financial Services and Markets Act 2000 (permission to carry on regulated activity).