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 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 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.

Examples of Savings association in a sentence

• Any such employee who is not in compliance with the registration and unique identifier requirements set forth in this subpart is in violation of the S.A.F.E. Act and this subpart.(2) Savings association requirement—(i) In general.

• For purposes of this part, an application for a loan or other service is as defined in Regulation C, 12 CFR 203.2(b).(b) Savings association.

• Savings association" means a savings and loan association doing business under authority granted by the superintendent of financial institutions pursuant to Chapter 1151.

• Promptly after completion of the conversion, the savings association must submit an opinion of counsel that it complied with all laws applicable to the conversion.Proxy Solicitation § 192.250 Compliance with proxy solicitation provisions.(a) Savings association compliance.

• Savings association or savings bank: Includes a mutual or stock-owned state savings association and a savings and loan association.

More Definitions of 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

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 savings association or savings bank organized under the laws

Savings association means a state or federal savings association.

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.