Savings Association Insurance Fund - SAIF

Filed Under:
Dictionary Says

Definition of 'Savings Association Insurance Fund - SAIF'


A government insurance fund for savings and loans and thrift institutions in the United States that protects depositors from losses due to institutional failure. The Savings Association Insurance Fund was created in the aftermath of the savings and loan crisis in the 1980s, during which poor real estate investments shut down many of America's savings and loan institutions. The SAIF was to provide similar coverage as the FDIC did for bank accounts, and was run by the FDIC until 2006.



Investopedia Says

Investopedia explains 'Savings Association Insurance Fund - SAIF'


The Savings Association Insurance Fund replaced the Federal Savings and Loan Insurance Corporation, which became insolvent during the 1980s. The insurance fund was merged with another one of the FDIC's administered funds, the Bank Insurance Fund (BIF), after the passage of the Federal Deposit Insurance Reform Act of 2005.

comments powered by Disqus
Hot Definitions
  1. Chicago Mercantile Exchange - CME

    The world's second-largest exchange for futures and options on futures and the largest in the U.S. Trading involves mostly futures on interest rates, currency, equities, stock indices and agricultural products.
  2. Private Equity

    Equity capital that is not quoted on a public exchange. Private equity consists of investors and funds that make investments directly into private companies or conduct buyouts of public companies that result in a delisting of public equity.
  3. Valuation

    The process of determining the current worth of an asset or company. There are many techniques that can be used to determine value, some are subjective and others are objective.
  4. Valuation

    The process of determining the current worth of an asset or company. There are many techniques that can be used to determine value, some are subjective and others are objective.
  5. Tech Street

    A term used in the financial markets and the press to refer to the technology sector. Companies like Intel, Microsoft, Apple and Dell are all considered to be part of Tech Street.
  6. Tech Street

    A term used in the financial markets and the press to refer to the technology sector. Companies like Intel, Microsoft, Apple and Dell are all considered to be part of Tech Street.
Trading Center