Office of Thrift Supervision

E94571

financial regulatory agency former United States federal agency

The Office of Thrift Supervision was a former U.S. federal agency responsible for chartering, regulating, and supervising savings associations and their holding companies.

Statements (47)

Predicate	Object
instanceOf	financial regulatory agency → former United States federal agency →
abolishedBy	Dodd–Frank Wall Street Reform and Consumer Protection Act →
appliesToJurisdiction	federally chartered savings associations → state-chartered savings associations with federal insurance →
country	United States →
dissolutionDate	2011-10-19 →
dissolutionLegalBasis	Dodd–Frank Wall Street Reform and Consumer Protection Act →
dissolved	2011 →
formationDate	1989-08-09 →
founded	1989 →
hasAbbreviation	OTS →
hasHistoricalContext	savings and loan crisis →
hasRegulatoryScope	capital adequacy of savings associations → consumer protection for thrift institution customers → examination of thrift institutions → safety and soundness of savings associations →
hasRegulatoryTarget	depository institutions → mortgage lending by thrifts →
hasRole	chartering authority for federal savings associations → primary federal regulator of thrifts → supervisor of thrift holding companies →
hasSector	public sector →
hasWebsite	http://www.ots.treas.gov/ →
headquartersLocation	Washington, D.C. →
inception	1989 →
industry	financial services regulation →
jurisdiction	United States →
languageOfWorkOrName	English →
legalBasis	Financial Institutions Reform, Recovery, and Enforcement Act of 1989 →
locatedInTheAdministrativeTerritorialEntity	District of Columbia →
operatedInTheEconomyOf	United States NERFINISHED →
parentOrganization	United States Department of the Treasury →
partOf	United States Department of the Treasury →
reasonForDissolution	Dodd–Frank Wall Street Reform and Consumer Protection Act →
regulates	federal savings associations → savings and loan associations → savings association holding companies → savings associations → thrift holding companies →
replacedBy	Board of Governors of the Federal Reserve System → Consumer Financial Protection Bureau → Federal Deposit Insurance Corporation → Office of the Comptroller of the Currency →
replaces	Federal Home Loan Bank Board →
subordinateTo	United States Secretary of the Treasury →
supervisedBy	United States Congress →

Referenced by (6)

Subject (surface form when different)	Predicate
FHLBB → Federal Home Loan Bank Board →	replacedBy
Financial Institutions Reform, Recovery, and Enforcement Act of 1989 →	createdAgency
Public Law 95-128, Title VIII →	implementedBy
Washington Mutual →	regulator
Financial Institutions Reform, Recovery, and Enforcement Act of 1989 →	transferredFunctionsTo