A thrift institution is a financial institution that obtains the majority of its funds from the savings of the public. The term can include several cooperative banking models; ...
An organization formed as a depository for primarily consumer savings. Savings and loan associations and savings banks are thrift institutions.
A US depository organisation for savings including savings and loan associations and mutual savings... <a target=_blank href='http://www.finance-glossary.com/terms/thrift-institution.htm?id=1439&ginPtrCode=00000&PopupMode=false' title='Read full definition of thrift institution'>more</a>
[n] - a depository financial institution intended to encourage personal savings and home buying
noun a depository financial institution intended to encourage personal savings and home buying