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building and loan association

noun

  1. a US name for building society
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Example Sentences

I am planning to apply for a loan from the State Building and Loan Association, Superior, for the remainder.

From Slate

When Marshall Black, a Republican state senator, was recalled in 1912 by Santa Clara voters, he had been convicted of stealing $124,000 from the building and loan association where he once worked.

Then, to help his members save money to buy homes, he started a laborers building and loan association.

Remember the bank-run scene in the movie “It’s a Wonderful Life”? Jimmy Stewart as George Bailey, head of the local building and loan association, explains the fragility of banking as an enterprise.

First Tuskegee’s website says the bank has two offices in Montgomery and one in Tuskegee, where it was created as Tuskegee Cooperative Building and Loan Association.

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