During the thrift
debacle of the 1980s, FHLBank advances to individual thrifts
varied considerably in terms of net worth and borrowings relative to the thrifts
' total assets.
The underlying assumption of the economies methodology employed in these studies is that, because thrifts
of any given size offer similar products and use similar inputs, they have similar cost functions.
Not long after, all the thrifts
on Greenspan's list had failed but one, and the survivor--although Greenspan didn't seem to know it--was not a thrift
A number of insurers that operate thrifts
have deregistered their thrifts
, with a few notable deregistrations in 2012.
But then came the Dodd-Frank Wall Street Reform & Consumer Protection Act, which will merge the primary federal regulator of thrifts
, the Office of Thrift
Supervision, into the primary regulator of national banks, the Office of the Comptroller of the Currency.
The American savings and loan industry (originally called building and loans [B&Ls] or thrifts
) began as a way for people of modest means to achieve the goal of owning a home.
Insurance companies that own thrifts
, which are federally regulated, are eligible to apply for a piece of the $ 700 billion in government bailout funds.
* At the end of the third quarter, there were 23 problem thrifts--an increase from 17 thrifts
in the previous quarter and 12 thrifts
one year ago.
Between the late 1970s and the mid-1980s, savings and loan institutions (thrifts
) faced a constellation of developments that would challenge their financial viability.
In this study we focus on the case of bank and thrift
acquisitions of thrifts
in the 1990s, a period of dramatic transition in regulatory regimes.
When Congress passed the Small Business Job Protection Act of 1996, for the first time several banks and thrifts
were allowed to elect S status; see Sec.
The guidance applies to all banks and thrifts
. The agencies developed the guidance in response to recent examinations that disclosed a number of inappropriate account-management, risk-management, and loss allowance practices.