Chap015 - Chapter 15 Nonbank Thrift Institutions Savings...

This preview shows page 1 - 4 out of 12 pages.

Chapter 15 - Nonbank Thrift Institutions: Savings Banks, Credit Unions, and Money Market FundsChapter 15Nonbank Thrift Institutions: Savings Banks,Credit Unions, and Money Market FundsLearning Objectives You will see how significant thrift institutions are in the functioning of a modern economy and financial system.You will discover what types of services thrift institutions offer to the public and who their principal competitors are.You will come to understand the principal differences between major types of thrift institutions as well as their principal similarities and why these differences and similarities are important.Key Topics OutlineThe Savings and Loan and Savings Bank Industries: Origins and CharacteristicsMutuals versus Stock CompaniesDeregulation and Sources and Uses of Thrifts’ FundsMaturity Mismatch and Other Thrift Industry ProblemsPossible Remedies for Thrift Industry ProblemsCredit Unions: Their Uniqueness in Services, Size, and MembershipCredit Union Industry Advantages and Future ChallengesMoney Market Mutual Funds: Origins and Competitive AdvantagesMoney Fund Asset Profiles and Safety ConcernsChapter Outline15.1. Introduction to Thrift Institutions15.2. Savings and Loan Associations (S&Ls)15.2.1. Origins of S&Ls15.2.2. How Funds Are Raised and Allocated15.2.2.1.Asset Portfolios15.2.2.2.Liabilities of S&Ls15.2.3. Trends in Revenues and Costs15.2.4. Possible Ways to Strengthen the S&L Industry in the Future15.3. Savings Banks (SBs)15.3.1. Number and Distribution of Savings Banks and Regulatory Supervision15.3.2. How Funds Are Raised and Allocated15-1
Chapter 15 - Nonbank Thrift Institutions: Savings Banks, Credit Unions, and Money Market Funds15.3.3. Current Trends and Future Problems15.4. Credit Unions (CUs)15.4.1. Credit Union Membership15.4.2. Size of Credit Unions15.4.3. New Services Offered15.4.4. A Strong Competitive Force15.5. Money Market Funds (MMFs)Key Terms Appearing in This Chaptersavings and loan associations (S&Ls), 457mutuals, 458money market deposit accounts (MMDAs), 459Federal Deposit Insurance Corporation (FDIC), 460savings banks (SBs), 464credit unions (CUs), 467share drafts, 470money market mutual fund (MMMFs), 472Questions to Help You Study1.How did savings and loansget started? How does the history of savings and loans compare with the history of savings banks? Which is the oldest institution?
15-2

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture