Super Finance Glossary
Over 10,000 financial glossary terms...
Office Of Thrift Supervision (OTS)
Office Of Thrift Supervision (OTS)
Definition: An agency of the U.S. Treasury department responsible for the U.S. savings and loan industry.
Definition: An agency of the U.S. Treasury department responsible for the U.S. savings and loan industry.
Office Of Thrift Supervision (OTS)
Definition: An organization within the U.S. Department of the Treasury, established on August 9, 1989, by FIRREA. The OTS, with five regional offices located in Jersey City, Atlanta, Chicago, Dallas, and San Francisco, is the primary regulator of all federal and many state chartered thrift institutions. A director, who is appointed by the president of the United States, with Senate confirmation, for a five-year term and who is one of the five FDIC directors, heads the OTS.
Definition: An organization within the U.S. Department of the Treasury, established on August 9, 1989, by FIRREA. The OTS, with five regional offices located in Jersey City, Atlanta, Chicago, Dallas, and San Francisco, is the primary regulator of all federal and many state chartered thrift institutions. A director, who is appointed by the president of the United States, with Senate confirmation, for a five-year term and who is one of the five FDIC directors, heads the OTS.
