Savings banks and savings and loans are regulated by a combination of agencies which includes the:

Question

Quizplus · Accepted Answer

Savings banks and savings and loans are regulated by the Office of Thrift Supervision (OTS), which is responsible for ensuring the safety and soundness of these institutions. While the Federal Reserve System and the Office of the Comptroller of the Currency also play important roles in banking regulation, they primarily oversee commercial banks rather than savings institutions. The Internal Revenue Service is responsible for collecting taxes and is not involved in banking regulation.

Savings Banks and Savings and Loans Are Regulated by a Combination