Thrift Institution Advisory Council (TIAC)


 

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Thrift Institution Advisory Council (TIAC)

A council, established following the passage of the Monetary Control Act of 1980, whose purpose is to provide information and views on the special needs and problems of thrifts. The group is comprised of representatives of savings banks, savings and loan associations, and credit unions.



Thrift Institution Advisory Council (TIAC)

Similar Matches

Institution

Institution

An organization, probably very large, engaged in professional investing in securities. Normally a bank, insurance company, or mutual fund.


Financial institution

Financial institution

An enterprise such as a bank whose primary business and function is to collect money from the public and invest it in financial assets such as stocks and bonds.


Thrift institution

Thrift institution

An organization formed as a depository for primarily consumer savings. Savings and loan associations and savings banks are thrift institutions.


Foreign official institutions

Foreign official institutions

Central governments of foreign countries, including all departments and agencies of national governments; central banks, exchange authorities, and all fiscal agents of foreign national governments that undertake activities similar to those of a treasury, central bank, or stabilization fund; diplomatic and consular establishments of foreign national governments; and any international or regional organization, including subordinate and affiliate agencies, created by treaty or convention between sovereign states.


Depository Institutions Deregulation and Monetary Control Act

Depository Institutions Deregulation and Monetary Control Act

The 1980 federal legislation that ended the regulation of the banking industry.


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