savings and loan association (Meaning)

Wordnet

savings and loan association (n)

a thrift institution that is required by law to make a certain percentage of its loans as home mortgages

Synonyms & Antonyms of savings and loan association

No Synonyms and anytonyms found

savings and loan association Sentence Examples

  1. The savings and loan association offered competitive interest rates on savings accounts.
  2. The elderly couple decided to deposit their life savings into a local savings and loan association.
  3. The mortgage loan I obtained from the savings and loan association was approved quickly and efficiently.
  4. During the financial crisis, many savings and loan associations experienced severe financial distress.
  5. The government implemented new regulations to prevent future failures of savings and loan associations.
  6. The savings and loan association partnered with a local charity to provide financial literacy workshops to the community.
  7. The savings and loan association's investment division managed a portfolio of corporate bonds and mutual funds.
  8. The president of the savings and loan association gave a speech on the importance of financial responsibility.
  9. The savings and loan association had a long history of supporting local businesses.
  10. The employees of the savings and loan association were known for their exceptional customer service.

FAQs About the word savings and loan association

a thrift institution that is required by law to make a certain percentage of its loans as home mortgages

No synonyms found.

No antonyms found.

The savings and loan association offered competitive interest rates on savings accounts.

The elderly couple decided to deposit their life savings into a local savings and loan association.

The mortgage loan I obtained from the savings and loan association was approved quickly and efficiently.

During the financial crisis, many savings and loan associations experienced severe financial distress.