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Acronymfinder

What does SAIF stand for?

SAIF stands for Savings Association Insurance Fund


This definition appears very rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

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We have 30 other definitions for SAIF in our Acronym Attic

Samples in periodicals archive:

The FDIC administers and maintains the Savings Association Insurance Fund (SAIF) and the Bank Insurance Fund (BIF), to which a taxpayer paid exit and entrance fees, respectively, as part of its acquisition of a failed savings and loan, which the taxpayer then converted from a savings association into a bank.
The omnibus appropriations bill of 1996, approved by Congress and President Clinton on September 30, recapitalizes the Savings Association Insurance Fund (SAIF) through a special assessment on SAIF-insured institutions.
In 1989, legislation to reform the federal deposit insurance system created three funds to be administered by FDIC: the Bank Insurance Fund and the Savings Association Insurance Fund, which protect bank and savings deposits, and the FSLIC Resolution Fund, created to close out the business of the former Federal Savings and Loan Insurance Corporation.
House Banking Committee chairman Jim Leach (R-lowa) told members attending the American Institute of CPAs national conference on savings institutions that before the end of the year the House and the Senate would consider legislation to consolidate the Bank Insurance Fund (BIF) with the Savings Association Insurance Fund (SAIF).