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building and loan association

   Also found in: Legal, Financial, Wikipedia, Hutchinson 0.06 sec.
building and loan association: see savings and loan association savings and loan association, type of financial institution that was originally created to accept savings from private investors and to provide home mortgage services for the public.

The first U.S. savings and loan association was founded in 1831.
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California Federal was founded in 1926 as the Railway Mutual Building and Loan Association, which served the employees of the Los Angeles Pacific Electric Railway system, the old "Red Cars" that used to provide urban transportation here.
Under new leadership, CalFed has gotten back to the business of ... by Cole, Benjamin Mark / Los Angeles Business Journal
Atlantic Liberty Savings was originally a New York building and loan association serving the Brooklyn community since 1888.
Flushing Financial Corporation and Atlantic Liberty Financial ... by Business Wire
Atlantic Liberty Savings was originally a New York building and loan association serving the Brooklyn community since 1888.
Office of Thrift Supervision Approves Flushing Financial ... by Business Wire
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