0 a business that lends you money if you want to buy a house, or pays you interest on money you invest there --
1 in the US, an organization similar to a bank that provides financial services including savings accounts and mortgages: --
Representatives included a savings and loan association official, steel mill corporate social responsibility manager, public art coordinator, community development corporation director, and local metropark, youth organization, and cultural center directors.
Previously, he served as vice chairman of the asset-liability committee at a savings and loan association, where he oversaw investment, finance and liquidity strategies and implementation.
Wesco was originally a savings and loan association.
It was also construed to denote the character of a savings and loan association, with a focus on home mortgages and savings accounts.
He retired in 1947, but after his council service ended in 1959 he worked for a savings and loan association.