Federal Savings and Loan Association

 

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Federal Savings and Loan Association

An institution chartered by the federal government whose primary function is to collect savings deposits and to provide mortgage loans.



Federal Savings and Loan Association

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Articles of association

Articles of association

The document which lists the regulations that govern the running of a company. Articles of Association will cover things like:main business and purposes of the companyshareholder's voting rightsdirectors dutiesgeneral working and management practicesThey are registered with the memorandum of association when the company is formed.


Savings and loan association

Savings and loan association

National- or state-chartered institution that accepts savings deposits and invests the bulk of the funds thus received in mortgages.


Securities Industry Association

Securities Industry Association

Represents the collective business interests of more than 500 brokerages and investment banking firms in the US Membership includes most NYSE member organisations, major firms of all US and Canadian exchanges, and the OTC market.


Mutual association

Mutual association

A savings and loan association organized as a cooperative, with members purchasing shares, voting on association affairs, and receiving income in the form of dividends.


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Japanese equivalent of Nasdaq.


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Federal National Mortgage Association
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