On June 14, 2022, FSRE partner Matthew Bisanz (Washington, DC) will speak on a Practising Law Institute panel about thrift institutions and their holding companies.

Savings associations are a type of financial institution that historically focused on taking consumer savings deposits and making home loans. While declining in numbers, the thrift industry remains a significant segment of the US financial system. Thrift institutions and their owners are subject to a specific regulatory scheme that differs in important respects from the regulation of commercial banks and bank holding companies.

Key areas that will be covered by the panel include:

  • Permissible activities and investments
  • Opportunities for geographic expansion through branch and agency offices
  • Affiliate transactions restrictions
  • Qualified Thrift Lender test
  • The new Covered Savings Association election
  • Mergers and acquisitions
  • Mutual holding companies and conversions

For additional information, please visit the event webpage.