answersLogoWhite

0

What is a thrift deposit?

Updated: 9/17/2023
User Avatar

Drrg

Lvl 1
11y ago

Best Answer

An organization formed for the purpose of holding deposits for individuals; examples include savings banks and savings and loans.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is a thrift deposit?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

What was the federal deposit insurance corporation?

The Federal Deposit Insurance Corporation (FDIC) preserves and promotes public confidence in the U.S. financial system by insuring deposits in banks and thrift institutions for at least $250,000; by identifying, monitoring and addressing risks to the deposit insurance funds; and by limiting the effect on the economy and the financial system when a bank or thrift institution fails.


What is a certificate of deposit interest rate?

A certificate of deposit interest rate or CD is a time deposit, a financial product commonly sold in the United States by banks, thrift institutions and credit unions. CDs are similar to savings accounts.


What regulates the banking industry?

The Federal Deposit Insurance Corporation (FDIC) preserves and promotes public confidence in the U.S. financial system by insuring deposits in banks and thrift institutions for at least $250,000; by identifying, monitoring and addressing risks to the deposit insurance funds; and by limiting the effect on the economy and the financial system when a bank or thrift institution fails."<


What is the purpose of Federal Deposit Insurance Comission?

The Federal Deposit Insurance Corporation (FDIC) preserves and promotes public confidence in the U.S. financial system by insuring deposits in banks and thrift institutions for up to $250,000 per depositor, per insured bank, for each ownership category by identifying, monitoring and addressing risks to the deposit insurance funds; and by limiting the effect on the economy and the financial system when a bank or thrift institution fails.


When was Tier One Bank founded?

TierOne Bank was founded in 1907. TierOne Bank in Lincoln, Nebraska was closed on June 4, 2010 by the Office of Thrift Supervision and the Federal Deposit Insurance Corporation (FDIC).

Related questions

What was the federal deposit insurance corporation?

The Federal Deposit Insurance Corporation (FDIC) preserves and promotes public confidence in the U.S. financial system by insuring deposits in banks and thrift institutions for at least $250,000; by identifying, monitoring and addressing risks to the deposit insurance funds; and by limiting the effect on the economy and the financial system when a bank or thrift institution fails.


What is a certificate of deposit interest rate?

A certificate of deposit interest rate or CD is a time deposit, a financial product commonly sold in the United States by banks, thrift institutions and credit unions. CDs are similar to savings accounts.


What regulates the banking industry?

The Federal Deposit Insurance Corporation (FDIC) preserves and promotes public confidence in the U.S. financial system by insuring deposits in banks and thrift institutions for at least $250,000; by identifying, monitoring and addressing risks to the deposit insurance funds; and by limiting the effect on the economy and the financial system when a bank or thrift institution fails."<


What is the purpose of Federal Deposit Insurance Comission?

The Federal Deposit Insurance Corporation (FDIC) preserves and promotes public confidence in the U.S. financial system by insuring deposits in banks and thrift institutions for up to $250,000 per depositor, per insured bank, for each ownership category by identifying, monitoring and addressing risks to the deposit insurance funds; and by limiting the effect on the economy and the financial system when a bank or thrift institution fails.


Thrift Factory?

Thrift Factory


What does a certificates of deposit represent?

Certificate of deposit or CD is a time deposit. This means it is a money deposit that can't be withdrawn during a certain period of time. They are commonly offered to consumers by banks, thrift instititions or credit bankers as an acting financial product. CD's are similar to savings accounts in that they are risk free and will never go anywhere but only have a fixed time that they can be held and have a fixed interest rate.


Who was affected by the fdic?

The Federal Deposit Insurance Corporation (FDIC) preserves and promotes public confidence in the U.S. financial system by insuring deposits in banks and thrift institutions for at least $250,000; by identifying, monitoring and addressing risks to the deposit insurance funds; and by limiting the effect on the economy ...


What is the birth name of Bubba Thrift?

Bubba Thrift's birth name is Huelon F. Thrift.


How tall is Matthew Thrift?

Matthew Thrift is 6'.


When was Thrift Drug created?

Thrift Drug was created in 1935.


When was Nigel Thrift born?

Nigel Thrift was born in 1949.


When did William Thrift die?

William Thrift died in 1942.