Thrift institution definition

Thrift institution means an association, a federal sav- ings and loan association or a federal or state savings bank.
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Examples of Thrift institution in a sentence

  • Thrift institution" means a savings bank or a savings and loan association organized under the prior laws of this State.[PL 1997, c.

  • Thrift institution" means a savings bank or a savings and loan association organized under the prior laws of this State.[ 1997, c.

  • Thrift institution for housing construction purposes is a specialized credit institution designed to accumulate monetary funds of the participants on special saving deposits and to extend credits to them for the individual construction or purchase of residential houses or flats.

  • Thrift institution for housing construction purposes is an independent form of a legal entity, non-profit organization and has a status of a legal entity from the moment of state registration in accordance with the Kyrgyz legislation.

  • Thrift institution for housing construction purposes shall extend to its participants purpose loans to build and/or purchase a residential house (flat) with the means saved on the saving deposits.

  • Distribution of the dollar amount of all small business credit outstanding, by type of credit and type of nonbank, 1987 and 1993Percent Credit type Thrift institution Finance company Brokerage company Leasing companyNote.

  • Available from: 527 https://bmcmedinformdecismak.biomedcentral.com/articles/10.1186/s12911-019-0817-9 528 12.

  • ING Direct US had under the US law the status of a 'US Thrift institution'; that status required that ING Direct US invest the majority of its collected savings in US mortgages loans or US mortgage loan-related investments.

  • ING Direct US had under the US law the status of a 'US Thrift institution', this status required from ING Direct US to invest the majority of its collected savings in US mortgages loans or US mortgage loan related investments.

Related to Thrift 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.

  • Qualified Institution means a depository institution organized under the laws of the United States of America or any state thereof or incorporated under the laws of a foreign jurisdiction with a branch or agency located in the United States of America or any state thereof and subject to supervision and examination by federal or state banking authorities that at all times has the Required Rating and, in the case of any such institution organized under the laws of the United States of America, whose deposits are insured by the FDIC.

  • EEA Financial Institution means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.

  • UK Financial Institution 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.

  • Eligible Institution Any of the following:

  • Depository Institution Any depository institution or trust company, including the Trustee, that (a) is incorporated under the laws of the United States of America or any State thereof, (b) is subject to supervision and examination by federal or state banking authorities and (c) has outstanding unsecured commercial paper or other short-term unsecured debt obligations that are rated P-1 by Moody's, F1+ by Fitch and A-1 by Standard & Poor's.