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Federal Savings and Loan Insurance Corporation

American  

noun

  1. a public corporation, established in 1934, that insures, up to a specified amount, all deposits in member savings and loan associations. FSLIC


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

I was a Treasury Department official when Congress passed the Federal Savings and Loan Insurance Corporation Recapitalization Act of 1987 to save the savings and loan industry.

From The Wall Street Journal • Apr. 28, 2026

Within six years, the Resolution Trust Corporation and the Federal Savings and Loan Insurance Corporation had sold $519 billion worth of assets for 1,043 thrifts that had gone belly up.

From Salon • Jun. 24, 2015

By last week more than two dozen Ohio thrifts had reopened, backed now by the Federal Savings and Loan Insurance Corporation, a federal agency that guarantees deposits up to $100,000.

From Time Magazine Archive

Rather, the bad real estate loans that bankrupted the now defunct Federal Savings and Loan Insurance Corporation are placing a serious drain on its former counterpart, the once seemingly invulnerable FDIC.

From Time Magazine Archive

Even more beleaguered is the FDIC's thrift-industry counterpart, the Federal Savings and Loan Insurance Corporation, for which Congress approved a $10.8 billion industry-financed bailout program earlier this year.

From Time Magazine Archive

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