Federal Savings and Loan Assocations Foster Thrift and Home Ownership
Malcolm Reese of Perry Federal Savings and Loan discusses two missions: stimulating thrift and encouraging home ownership, mandated by federal law. The associations must fund home mortgages, limit non-mortgage investments, and drive growth in home ownership through savings and loans across the United States.
MENTIONED IN THIS ARTICLE
Federal Savings and Loan Associations
United States
Malcolm Reese
Perry Federal Savings and Loan Association of
Perry
James J. Hill
Harvard
William Howard Taft
America
Federal Savings and Loan Industry
Varied Savings Plans From Cradle To College
The United States Savings and Loan League notes 6000 savings and loan associations offer diverse accounts from newborn cradle to retirement. Options include regular savings, bonus, and investment accounts plus joint and trustee accounts. All funds insured up to 10000 by FSLIC, with dividends and security benefits emphasized.
MENTIONED IN THIS ARTICLE
Savings and Loan Association
The
United States Savings and Loan League
Savings and Loan
Savings and Loan Associations
Federal Savings and Loan Insurance Corporation
League
Present directors of Perry Federal Savings and Loan
This page features Perry Federal Savings and Loan Association directors, local businessmen who have guided policy. The story on page one notes others who have served in this role and contributed to the institution's progress.
MENTIONED IN THIS ARTICLE
The
Perry Federal Savings and Loan Association
Perry Federal answers on savings and loans ownership and dividends
Perry Federal explains its purpose to accept savings and make loans, ownership by savers, and a four percent annual dividend. The board of directors selects the executive officer Malcolm Reese as secretary treasurer. Savings are insured up to ten thousand dollars.
MENTIONED IN THIS ARTICLE
Perry Federal
Malcolm Reese
Savings and
Home Federal
Home Improvement Loans From Federal Agency
Perty Federal offers FHA Title I home improvement loans to refinance or upgrade homes even with existing mortgages. Loans up to 3500 dollars may be extended for five years at a five percent discount. Eligible improvements include painting room additions baths central air heating and more under FHA regulations.
MENTIONED IN THIS ARTICLE
Perty Federal
Federal Housing Administration
Also Mentioned on This Page
Sr. A. Nunn
J. Meade Tolleson
Marion L. Brown
Mayo Davis
W. K. Whipple
Albert Pratt
G. F. Nunn