Federal Savings And Loan Association


Definition of "Federal Savings and Loan Association"

Chauniece Mouzone real estate agent
Chauniece Mouzone, Real Estate Agent United Real Estate

Charter issued by The Office of Thrift Supervision, under the U.S. Department of Treasure, to an institution to act as a savings and loan association. A federally chartered savings and loan association, in contrast to one with a state charter, may have the ability to branch across state lines as well as make certain investments a state chartered thrift institution cannot.

Have a question or comment?
We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 
 

 

Popular Real Estate Terms

Popular Real Estate Questions