522180 Savings Institutions and Other Depository Credit Intermediation

Overview

This industry comprises establishments primarily engaged in accepting deposits, making mortgage, real estate, and other consumer and commercial loans, and investing in high-grade securities (except commercial banking and credit unions). Savings and loan associations, savings banks, private banks (i.e., unincorporated banks), and establishments known as industrial banks or Morris Plans and primarily engaged in accepting deposits are included in this industry.

Cross-References

  • Accepting demand and other deposits and making all types of loans--are classified in Industry 522110, Commercial Banking;
  • Accepting members' share deposits in cooperatives--are classified in Industry 522130, Credit Unions; and
  • Buying, pooling, and repackaging loans for sale to others on the secondary market and establishments known as industrial banks and Morris Plans and primarily engaged in providing nondepository credit--are classified in U.S. Industry 522299, International, Secondary Market, and All Other Nondepository Credit Intermediation.

Index Entries

Associations, savings and loan
Banks, industrial (i.e., known as), depository
Banks, private (i.e., unincorporated)
Banks, savings
Federal savings and loan associations (S&L)
Federal savings banks
Industrial banks (i.e., known as), depository
Institutions, savings
Morris Plans (i.e., known as), depository
Mutual savings banks
Plans, Morris (i.e., known as), depository
Private banks (i.e., unincorporated)
Savings and loan associations (S&L)
Savings banks
Savings institutions
State savings and loan associations
State savings banks