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Glossary > T > "Thrift institution" Definition

Thrift institution

A US depository organisation for savings including savings and loan associations and mutual savings banks. Deposits are in the main used for home mortgage loans.

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Thrift institution - A US depository organisation for savings including savings and loan associations and mutual savings banks. Deposits are in the main used for home mortgage loans.

Thrift institution : a us depository organisation for savings including savings and loan associations and mutual savings banks. deposits are in the main used for home mortgage loans.