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

  • All terms, conditions, agreements or under- standings, or other provisions with re- spect to a combination involving a Federal savings association shall be set forth fully in a written combination agreement.

  • The term ‘‘Federal savings association’’ means any Federal savings association or Federal savings bank which is chartered under section 1464 of this title.

  • A national bank or Federal savings association that fails to meet these conditions must hold risk-based capital against the transferred exposures as if they had not been securitized and must deduct from common equity tier 1 capital any after-tax gain-on-sale resulting from the transaction.

  • A national bank or Federal savings association must use the look-through approaches provided in § 3.53 to calculate its risk- weighted asset amounts for equity ex- posures to investment funds.(2) A national bank or Federal sav- ings association must treat an invest- ment in a separate account (as defined in § 3.2) as if it were an equity exposure to an investment fund as provided in§ 3.53.(3) Stable value protection.

  • A national bank or Federal savings association must hold risk- based capital against any DvP or PvP transaction with a normal settlement period if the national bank’s or Federal savings association’s counterparty has not made delivery or payment within five business days after the settlement date.


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.