Unitary Thrift(redirected from Unitary Thrifts)
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.
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