savings and loan association

简明释义

美国储蓄贷款协会

英英释义

例句

1.When looking for a loan, consider visiting a local savings and loan association for competitive rates.

在寻找贷款时，考虑访问当地的储蓄和贷款协会以获取有竞争力的利率。

2.A savings and loan association can help you secure a mortgage for your new home.

一个储蓄和贷款协会可以帮助你为新家获得抵押贷款。

3.The savings and loan association offers various services, including checking accounts and personal loans.

该储蓄和贷款协会提供多种服务，包括支票账户和个人贷款。

4.Many people choose to deposit their money in a savings and loan association because they offer higher interest rates than traditional banks.

许多人选择将钱存入储蓄和贷款协会，因为它们提供比传统银行更高的利率。

5.My parents have been members of the same savings and loan association for over 30 years.

我父母已经是同一家储蓄和贷款协会的会员超过30年。

作文

In today's financial landscape, understanding various institutions that play a crucial role in personal finance is essential. One such institution is the savings and loan association, which has been a staple in American banking since the 19th century. A savings and loan association (often abbreviated as S&L) primarily focuses on accepting savings deposits and providing loans, particularly for home mortgages. This dual function makes it a vital component of the housing market and personal finance for many individuals.Historically, savings and loan associations were established to promote homeownership among the middle class. They were created to offer a more accessible means for families to save money and secure loans for purchasing homes. Unlike traditional banks, which may focus on a broader range of financial products, S&Ls concentrate on residential lending and are often more community-oriented. This localized focus allows them to understand the needs and financial situations of their customers better.The operation of a savings and loan association typically involves members depositing their savings into accounts, which then accumulate interest over time. These deposits are pooled together to provide loans to other members who wish to buy homes or make improvements to their properties. The interest earned from these loans is then used to pay interest on the savings accounts, creating a mutually beneficial system.One of the significant advantages of using a savings and loan association is the favorable interest rates they can offer on both deposits and loans. Because they operate on a smaller scale and are often community-focused, they may provide lower fees and more personalized service compared to larger banks. This aspect is particularly appealing to first-time homebuyers who may need guidance through the mortgage process.However, it's essential to note that savings and loan associations have faced challenges, especially during economic downturns. The savings and loan crisis of the 1980s is a notable example when many S&Ls failed due to poor management and high-risk loans. This led to increased regulation and oversight, ensuring that these institutions operate more securely and transparently. Today, savings and loan associations are subject to strict federal regulations, which help protect depositors and maintain the stability of the financial system.In conclusion, a savings and loan association serves a critical role in the financial ecosystem by providing savings options and facilitating home loans. For many individuals, especially those looking to purchase their first home, S&Ls offer an invaluable resource. Understanding how these associations work can empower consumers to make informed decisions regarding their finances and homeownership aspirations. As we navigate the complexities of personal finance, recognizing the importance of institutions like savings and loan associations can lead to better financial outcomes and a more secure future for many families.

在当今的金融环境中，理解各种在个人财务中发挥重要作用的机构至关重要。其中一个这样的机构是储蓄与贷款协会，自19世纪以来一直是美国银行业的支柱。储蓄与贷款协会（通常缩写为S&L）主要专注于接受储蓄存款和提供贷款，特别是住房抵押贷款。这种双重功能使其成为住房市场和许多人个人财务的重要组成部分。历史上，储蓄与贷款协会的成立旨在促进中产阶级的住房拥有权。它们的创建是为了为家庭提供更可及的方式来存钱和获得购房贷款。与传统银行不同，后者可能专注于更广泛的金融产品，S&L则集中于住宅贷款，并且通常更加面向社区。这种地方化的关注使它们能够更好地理解客户的需求和财务状况。储蓄与贷款协会的运作通常涉及会员将其储蓄存入账户，这些账户随着时间的推移累积利息。这些存款被汇聚在一起，以便向其他希望购买住房或改善其物业的会员提供贷款。通过这些贷款获得的利息然后用于支付储蓄账户的利息，形成一种互惠互利的系统。使用储蓄与贷款协会的一个显著优势是它们在存款和贷款上可以提供有利的利率。由于它们在较小的规模上运营并且往往以社区为中心，因此它们可能提供比大型银行更低的费用和更个性化的服务。这一点对于首次购房者尤其具有吸引力，因为他们可能需要指导来完成抵押贷款过程。然而，必须注意的是，储蓄与贷款协会面临着挑战，特别是在经济低迷时期。1980年代的储蓄与贷款危机就是一个显著的例子，当时许多S&L因管理不善和高风险贷款而失败。这导致了增加的监管和监督，确保这些机构更加安全和透明地运营。如今，储蓄与贷款协会受到严格的联邦法规的约束，这有助于保护存款人并维护金融系统的稳定。总之，储蓄与贷款协会在金融生态系统中发挥着关键作用，通过提供储蓄选项和促进住房贷款。对于许多人，尤其是那些希望购买第一套房屋的人来说，S&L提供了宝贵的资源。了解这些协会如何运作可以使消费者在财务和住房拥有权的追求中做出明智的决策。在我们应对个人财务的复杂性时，认识到像储蓄与贷款协会这样的机构的重要性，可以为许多家庭带来更好的财务结果和更安全的未来。