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Related to thrifty: Hertz, Avis, budget

Federal Savings and Loan Association

A federally chartered bank that specializes in taking deposits for checking and savings accounts, as well as making home mortgages. Savings and loan associations tend to be smaller than other banks and are more focused on the local communities in which they operate. It is sometimes (but not always) easier to obtain a loan from a savings and loan association because it may have better knowledge of the local market. They derive most of their funds from customer savings accounts, but they also generally have easy access to loans from the Federal Home Mortgage Banks. They are also known as thrifts. They are regulated by the Office of Thrift Supervision.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

thrift

A financial institution that derives its funds primarily from consumer savings accounts. The term originally referred to those institutions offering mainly passbook savings accounts. But the industry evolved through financial deregulation to the point where these accounts often provide only a small source of funds for many thrifts. The term often refers to savings and loan associations, but can also mean credit unions and mutual savings banks.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Thrifty White Pharmacy remains committed to efforts to prevent opioid misuse, notes vice president of pharmacy Justin Heiser, who cites the retailer's active participation in such programs as OneRx, "where our pharmacists in North Dakota are providing screening for opioid use disorder risk and for accidental overdose risk, and providing evidence-based care for all patients receiving opioid prescriptions."
Scott Thompson, the chief executive officer of Dollar Thrifty, said, 'Hertz has made a compelling offer to our stockholders that reflects the strength of our business and our team.
Additionally, by converting their website to the Fission Web System, Thrifty Propane and Oil has the ability to add any of the features and functionality offered by Fission CMS as their company continues to evolve.
Dollar Thrifty called off its sale earlier in October, after failing to secure final offers during the solicitation period and announced a USD100m share buyback programme.Country: , USASector: Business and Consumer ServicesTarget: Dollar Thrifty Automotive Group IncBuyer: Hertz Global Holdings IncType: Corporate acquisitionFinancing: Cash & StockStatus: TerminatedComment: Latest offer valued at USD1.9bn.
The ratings of Dollar Thrifty Automotive remain on "positive" credit watch, which originated on 26 April 2010, when car and equipment rental firm Hertz Global Holdings (NYSE:HTZ) made its initial bid to buy the company.
The timing of regulatory approval for a deal with Hertz or Avis Budget Group, which has also offered to buy the company, can't be assured, Tulsa, Oklahoma-based Dollar Thrifty said yesterday in a statement.
"We are seeing a marked increase in the demand for rental cars in the region as tourism grows, and our partnership with Dollar Thrifty Automotive Group ideally addresses this need, offering a full, comprehensive range of car rental services and a complete fleet of vehicles to meet the diverse demand of our customers in Morocco," comments Mr.
Based in British Columbia, the regional Thrifty Foods has 20 supermarkets and about 3,700 employees.
"The Dollar Rent A Car franchise will be an excellent complement to our Thrifty Car Rental stores in Anchorage," said Craig Floyd, vice president of Floyd and Sons Inc.
Dollar Thrifty Car Rental have top facilities in all of the major airports and have recently opened their first in-terminal operation at Gatwick Airport.
Thrifty Car Rental Newcastle has expanded its team by appointing Julie McLellan, through the Evening Chronicle, as area sales executive.