Savings And Loan Association (S&L)

What is it? Historically, a depository institution that accepted deposits mainly from individuals and invested heavily in residential mortgage loans. Although still primarily residential lenders, S&Ls may now offer checking-type deposits and make a wider range of

Added By: Marissa

Send To Friends!

If you'd like to send the Savings And Loan Association (S&L) definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Savings And Loan Association (S&L). If you need any more information on this term, please don't hesitate to contact us.