Savings association definition

Savings association means a Fed- eral savings and loan association or a Federal savings bank chartered under section 5 of the Home Owners’ Loan Act, a building and loan, savings and loan or homestead association or a co- operative bank (other than a coopera- tive bank described in 12 U.S.C. 1813(a)(2)) the deposits of which are in- sured by the Federal Deposit Insurance Corporation, and any corporation (other than a bank) the deposits of which are insured by the Federal De- posit Insurance Corporation that the Office of the Comptroller of the Cur- rency and the Federal Deposit Insur- ance Corporation jointly determine to be operating in substantially the same manner as a savings association, and shall include any savings bank or any cooperative bank which is deemed by the Office of the Comptroller of the Currency to be a savings association under 12 U.S.C. 1467a(1).

Savings association means any fed- erally-chartered savings association, any state-chartered savings associa- tion, and any corporation (other than a bank) that the Board of Directors of the FDIC and the Director of the Office of Thrift Supervision jointly determine to be operating in substantially the same manner as a savings association.

Savings association means a savings and loan association doing business under authority granted by the regulatory authority of another state or a federal savings association. The term also includes a state bank that, in accordance with the bill, elects to operate as a savings and loan association.18

Examples of Savings association in a sentence

• Savings association subsidiaries do not meet the statutory definition of financial subsidiary.

• The temporal vari- ability mainly consisted in seasonal cycles and in the effect of clear-cutting (decrease in concentrations and disappearance of seasonal cycles).

• Has the reporting institution been consolidated with a parent bank or savings association in that parent bank's or parent savings association's Call Report?TEXTIf so, report the legal title and FDIC Certificate Number of the parent bank or parent Savings association: 4.

• F o r p ur poses of t h is p ar t , an a pplic a t io n fo r a lo an o r o t h e r se r vice is a s defi n ed i n R eg u l a t io n C, 12 C F R 203.2( b).( b) Savings association.

• It held, with respect to the differentiated treatment of the participating undertakings, that, even without proof of actual impact on the market, the Commission was entitled to differentiate by reference to market shares; and, with respect to the seriousness of the in- fringement, that, even if the Commission had not proved an actual effect on the market, that would have been irrelevant to the clas- sification of the infringement as ‘very serious’ and thus to the amount of the fine.

More Definitions of Savings association

Savings association means a savings association or savings bank organized under the laws of the United States or a building and loan association, savings and loan association, or similar entity organized under the laws of a state.

Savings association means any savings and loan association or savings bank chartered under the laws of this state or the laws of the United States authorized to engage in the savings and loan business with its main office located in this state;

Savings association means a state or federal savings association.

Savings association means a savings association or savings bank organized under

Savings association means a Fed- eral savings and loan association or a Federal savings bank chartered under section 5 of the Home Owners’ Loan Act (HOLA), a building and loan, sav- ings and loan or homestead association or a cooperative bank (other than a co- operative bank described in 12 U.S.C. 1813(a)(2)) the deposits of which are in- sured by the Federal Deposit Insurance Corporation, and any corporation (other than a bank) the deposits of which are insured by the Federal De- posit Insurance Corporation that the OCC and the Federal Deposit Insurance Corporation jointly determine to be op- erating in substantially the same man- ner as a savings association.

Savings association means a depository institution that is neither a bank nor a foreign bank.

Savings association means a savings and loan association chartered under Chapter 62, the laws of another state, or federal law.