Unitary Thrift

Unitary Thrift

A company that owns one thrift, which is a bank specializing in residential mortgages and checking/savings accounts. A unitary thrift has more freedom than a bank holding company: for example, up to 20% of its holdings may be commercial loans. New unitary thrifts were banned after the Gramm-Leach-Bliley Act.
References in periodicals archive ?
is a unitary thrift holding company for North American Savings Bank, F.
a unitary thrift holding company based in metropolitan Atlanta, today announced that it will release fiscal third quarter earnings on Tuesday, January 22, 2002, after the market close and hold its corresponding conference call on Wednesday, January 23, 2002, at 9:00 a.
is a unitary thrift holding company located in metropolitan Atlanta.
Nasdaq: EBSI), a unitary thrift holding company based in metropolitan Atlanta, today announced that it will release fiscal second quarter earnings on Monday, October 22, 2001, after the market close and hold its corresponding conference call on Tuesday, October 23, 2001, at 9:00 a.
Nasdaq: EBSI), a unitary thrift holding company based in metropolitan Atlanta, today announced that it will release fiscal first quarter earnings on Monday, July 23, 2001 after the market close and hold its corresponding conference call on Tuesday July 24, 2001 at 8:00 a.
Nasdaq: EBSI), a unitary thrift holding company based in metropolitan Atlanta, today announced that it will release fiscal fourth quarter and year-end earnings on Thursday, May 10, 2001 after the market close and hold its corresponding conference call on Friday, May 11, 2001 at 8:00 a.
Nasdaq: EBSI), a diversified unitary thrift holding company based in metropolitan Atlanta, today announced that it will release fiscal fourth quarter earnings on Thursday, May 11, 2000 at 8:00 a.
Under current law, there are no restrictions on what a unitary thrift holding company can own, or who can own a unitary thrift.
900) urging them to support the Leach/Largent/Johnson amendment, which would close the unitary thrift loophole and prevent commercial firms from buying a unitary thrift.
to close the unitary thrift holding company loophole in the current financial restructuring bill now before a House/Senate conference committee.
Progress Financial Corporation is a unitary thrift holding company headquartered in Plymouth Meeting.