Office of Thrift Supervision

Office of Thrift Supervision
Office of Thrift Supervision ( OTS)
The OTS regulates federally insured savings and loan institutions. One of the provisions of the Financial Institutions Reform, Recovery, and Enforcement Act ( FIRREA) established the OTS to replace the Federal Home Loan Bank Board as the primary thrift regulator. American Banker Glossary
( OTS)
An agency of the U.S. Treasury department responsible for the U.S. savings and loan industry . Bloomberg Financial Dictionary

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Office of Thrift Supervision Office of Thrift Supervision OTS

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Office of Thrift Supervision UK US noun (ABBREVIATION OTS)
GOVERNMENT a government organization in the US that checks that savings banks and savings and loan associations are acting according to the law: »

The Office of Thrift Supervision announced a Supervisory Agreement with the bank for its failure to manage and control the loan services that it had outsourced to its affiliate.

Financial and business terms. 2012.

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Look at other dictionaries:

  • Office of Thrift Supervision — Agency overview Formed August 9, 1989 Preceding agency Federal Home Loan Bank Board Dissolved …   Wikipedia

  • Office of Thrift Supervision — (OTS) USA An independent office of the US Department of the Treasury, the OTS charters, regulates and supervises thrifts and their holding companies. The OTS was established on August 9, 1989 as part of the Financial Institutions Reform, Recovery …   Law dictionary

  • Office of Thrift Supervision — An office in the Treasury Department charged with providing for the examination, safe and sound operation, and regulation of savings associations …   Black's law dictionary

  • Office Of Thrift Supervision - OTS — The bureau of the U.S. Treasury Department that is responsible for issuing and enforcing regulations governing the nation s savings and loan industry. This bureau is responsible for ensuring the safety and soundness of deposits in thrift banks.… …   Investment dictionary

  • Office of Thrift Supervision — OTS An agency of the US Treasury, founded in 1989, that supervises the country s savings and loan associations …   Big dictionary of business and management

  • Office of Thrift Supervision — /ˌɒfɪs əv θrɪft su:pəˌvɪʒ(ə)n/ noun a US government department which regulates the Savings and Loan Associations …   Dictionary of banking and finance

  • Office of the Comptroller of the Currency — Agency …   Wikipedia

  • thrift — n: an institution that promotes saving and provides mortgages; esp: savings and loan association – called also thrift institution; Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • office — of‧fice [ˈɒfs ǁ ˈɒː , ˈɑː ] noun 1. [countable] a room or building where people work at desks: • The agency recently closed its Houston office. • I d like to see you in my office. • I applied for the job of office manager. • There is a shortage… …   Financial and business terms

  • Thrift Bulletin 13 — ( TB 13) A rule published by the Office of Thrift Supervision ( OTS) entitled Responsibilities of the Board of Directors and Management with Regard to Interest Rate Risk. This rule governs the measurement and management of interest rate risk at… …   Financial and business terms

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