Thrift industry
Article Abstract:
The major activity of the thrift industry, whether savings banks or savings and loans, is mortgage lending. Federal and state regulations which have restricted thrift growth have been struck down after the savings and loan crisis. Thrifts have expanded by merging, which has also resulted in cost-cutting and streamlining measures. Although the Savings Association Insurance Fund is not in good condition, thrifts with good balance sheets may be good investments.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
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Thrift industry
Article Abstract:
The rapid consolidation within the the banking and thrift industries has led to few legal differences between banks and thrifts, and more thrift mergers are expected within the next three to five years. The insurance playing field for thrifts and banks has been leveled by congressional action, and the two industries are more competitive. Many thrifts have become takeover targets, and investors need to evaluate these stocks on an individual basis.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
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Comment about this article or add new information about this topic: