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Office of Thrift Supervision

in Glossary

Office of Thrift supervision – In United of States of America treasury department usually responsible for issuing and enforcing regulations governing the banking and lending industry.

This bureau is responsible for ensuring the safety and soundness of deposits in thrift banks. It does this by auditing and inspecting the banks to see if government regulations and policies are being adhered to.


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Related ChexSystems Banking Information:

  1. Office of the Comptroller of the Currency
  2. National Bank
  3. Money Market Deposit Account
  4. National Credit Union Association
  5. How Bank of America Uses ChexSystems

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