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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

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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

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

Last week the Federal Home Loan Bank Board, whose Federal Savings and Loan Insurance Corporation guarantees thrift deposits, said it would spend $1.9 billion to rescue 14 ailing Oklahoma S and Ls.

From Time Magazine Archive

That money will go to the embattled Federal Savings and Loan Insurance Corporation.

From Time Magazine Archive

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