Thrift Institutions Advisory Council

AAA

DEFINITION of 'Thrift Institutions Advisory Council'

A council that advises the Federal Reserve board of governors on the various needs and condition of savings institutions. The council is made up of representatives of all types of savings institutions, including banks, credit unions and savings and loans.

INVESTOPEDIA EXPLAINS 'Thrift Institutions Advisory Council'

The Thrift Institutions Advisory Council was established by the Monetary Control Act of 1980. It was created in order to foment communication between the Federal Reserve Board and the savings industry. The Fed is able to take action based on the reports that it receives from this council.

RELATED TERMS
  1. Federal Reserve Bank

    The central bank of the United States and the most powerful financial ...
  2. Federal Funds Rate

    The interest rate at which a depository institution lends funds ...
  3. Board of Governors

    A board of governors is a several-member group that oversees ...
  4. Monetary Control Act

    Title 1 of a two-title act passed in 1980 that represented the ...
  5. Federal Reserve Regulations

    Rules put in place by the Federal Reserve Board to regulate the ...
  6. Federal Reserve Board - FRB

    The governing body of the Federal Reserve System. The seven members ...
Related Articles
  1. Breaking Down The Fed Model
    Bonds & Fixed Income

    Breaking Down The Fed Model

  2. How The U.S. Government Formulates Monetary ...
    Personal Finance

    How The U.S. Government Formulates Monetary ...

  3. Get To Know The Major Central Banks
    Forex Education

    Get To Know The Major Central Banks

  4. How The Federal Reserve Manages Money ...
    Personal Finance

    How The Federal Reserve Manages Money ...

comments powered by Disqus
Hot Definitions
  1. Ghosting

    An illegal practice whereby two or more market makers collectively attempt to influence and change the price of a stock. ...
  2. Elasticity

    A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which ...
  3. Tangible Common Equity - TCE

    A measure of a company's capital, which is used to evaluate a financial institution's ability to deal with potential losses. ...
  4. Yield To Maturity (YTM)

    The rate of return anticipated on a bond if held until the maturity date. YTM is considered a long-term bond yield expressed ...
  5. Net Present Value Of Growth Opportunities - NPVGO

    A calculation of the net present value of all future cash flows involved with an additional acquisition, or potential acquisition. ...
  6. Gresham's Law

    A monetary principle stating that "bad money drives out good." In currency valuation, Gresham's Law states that if a new ...
Trading Center