Savings & Loan Associations In Athens

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Savings & Loan Associations
Below is a list of businesses which provide Savings & Loan Associations services. If you do not see your business in the list, you can submit it for addition to this list. Adding your business will feature your listing above Standard listings.

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Helpful Definition for: Savings & Loan Associations

Athens has one or more savings and loan associations. These are financial institutions that accept deposits as well as sanction loans. This is used in obtaining finances for private housing, home improvements, and new construction. Repayment is usually by a fixed monthly instalment. Recently, due to rising costs and inflation, a negotiable mortgage plan may also be offered. The Office of Thrift Supervision (OTS) supervises the working of such institutions, whose functioning and facilities can be quite similar to those of a bank, though much more restricted. The institution in Athens is either state or federally chartered, as in owned and managed locally.

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