More Thrifts Meet Capital Standards: The Office...
From Times Staff and Wire Reports
More Thrifts Meet Capital Standards: The Office of Thrift Supervision said that about 18% more savings institutions are meeting the new, tougher federal capital standards than initially expected, the result of thrifts’ efforts to raise capital by selling assets. Of the 836 thrifts originally expected not to meet the standards, plus another 25 institutions termed “subpar,” 147 are in compliance, the agency said. So far, 541 thrifts have filed capital recovery plans.
