Thrift Industry: Net Worth and Income Capital Certificates

GGD-86-100FS Published: Jun 23, 1986. Publicly Released: Jun 23, 1986.

Highlights

In response to a congressional request, GAO provided information on the Net Worth Certificate Program, specifically: (1) its participants; and (2) the Federal Savings and Loan Insurance Corporation's use of income capital certificates to support the net-worth levels of thrift institutions.

Full Report

Full Report (66 pages)

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Chuck Young

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youngc1@gao.gov

(202) 512-4800

Topics

Business Regulation and Consumer Protection

Bank holding companiesDeposit fundsFinancial institutionsFinancial managementFinancial recordsInsured commercial banksLending institutionsMortgage loansSavings and loan associationsInterest rates