Office of Thrift Supervision in the United States

Office of Thrift Supervision

Introduction to Office of Thrift Supervision

Office of Thrift Supervision (OTS), agency of the U.S. Department of the Treasury, created by the Financial Institutions Reform, Recovery, and Enforcement Act of 1989.

The OTS is headed by a director who is appointed by the president for a 5-year term. Headquarters is in Washington, D.C., with 12 district offices throughout the U.S. The OTS replaced the Federal Home Loan Bank Board. Its main functions are to charter federal savings and loan associations, to regulate the thrift industry, and to enforce industry compliance with federal laws.” (1)

U.S. Office of Thrift Supervision (Regulatory Agencies)

This section introduces, discusses and describes the basics of u.s. office of thrift supervision. Then, cross references and a brief overview about Regulatory Agencies is provided. Finally, the subject of Banking Law in relation with u.s. office of thrift supervision is examined. Note that a list of cross references, bibliography and other resources appears at the end of this entry.

Resources

Notes and References

• Information about Office of Thrift Supervision in the Encarta Online Encyclopedia

Guide to Office of Thrift Supervision

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