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• An organization that primarily accepts savings account deposits and invests most of the proceeds in mortgages. Savings banks and savings and loan associations are examples of thrift institutions.

  Federal Housing Finance Agency, Office of Inspector General - Cite This Source - This Definition
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  Cite Definition for Thrift

  American Psychological Association (APA)

  Thrift. (n.d.). Federal Housing Finance Agency Glossary of Terms. Retrieved June 6, 2023, from website: http://www.expertglossary.com/definition/thrift.

  Chicago Manual of Style (CMS)

  Thrift. fhfaoig.gov. Federal Housing Finance Agency Glossary of Terms. Federal Housing Finance Agency, Office of Inspector General. http://www.expertglossary.com/definition/thrift (accessed: June 6, 2023).

  Modern Language Association (MLA)

  "Thrift." Federal Housing Finance Agency Glossary of Terms. Federal Housing Finance Agency, Office of Inspector General. 6 June. 2023 http://www.expertglossary.com/definition/thrift.

• Browse Related Terms: Agency Code, Branch Office, Capitalization, Depository Institution, Federal Financial Institutions Examination Council (FFIEC), Federal Home Loan Bank Act of 1932, Federal Home Loan Bank Board (“FHLBank Board”), Federal Home Loan Banks (FHLBanks), Federal Housing Administration (FHA), Federal Savings and Loan Insurance Corporation (FSLIC), FHA Approved Lenders, Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA), Nondepository Institution, Respondent or Reporter ID (RID), Thrift