TITLE

Thrift Earnings Up 15% from Year Earlier

AUTHOR(S)
Rehm, Barbara A.
PUB. DATE
February 2006
SOURCE
American Banker;2/16/2006, Vol. 171 Issue 32, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article presents fourth quarter information about thrifts regulated by the Office of Thrift Supervision (OTS). Thrifts earned a record $4.3 billion in the fourth quarter, 7% more than in the third quarter. OTS Director John M. Reich noted Wednesday that the industry's assets had grown 57.4% in five years while earnings doubled. Reich said Congress should permit thrifts to make unlimited small-business loans and double the cap on commercial lending to 20% of assets.
ACCESSION #
19827156

 

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