2. Chapter Seventeen The Near Banks

3. Copyright © 2004 Pearson Education Canada Inc. Slide 17–3 Near Banks Trust Companies Mortgage Loan Companies Credit Unions

4. Copyright © 2004 Pearson Education Canada Inc. Slide 17–4 Trust Companies History and organization Corporate trustees

5. Copyright © 2004 Pearson Education Canada Inc. Slide 17–5 Mortgage Loan Companies –History and Organization –Regulation –Deposit Insurance –The Balance Sheet

6. Copyright © 2004 Pearson Education Canada Inc. Slide 17–6

7. Copyright © 2004 Pearson Education Canada Inc. Slide 17–7 Credit Unions –Mutual Ownership –Common Bond Membership –Nonprofit, Tax-Exempt Status –Central Credit Unions –Organizational Structure –Deposit Insurance –Credit Unions across Canada –Credit Union Size –The Balance Sheet

8. Copyright © 2004 Pearson Education Canada Inc. Slide 17–8

9. Copyright © 2004 Pearson Education Canada Inc. Slide 17–9

10. Copyright © 2004 Pearson Education Canada Inc. Slide 17–10

11. Copyright © 2004 Pearson Education Canada Inc. Slide 17–11

12. Copyright © 2004 Pearson Education Canada Inc. Slide 17–12 Savings and Loan Industry in the U.S. Will Review –Number of institutions –Types of loans –S&L size –S&L assets –S&L liabilities and net worth –Capital

13. Copyright © 2004 Pearson Education Canada Inc. Slide 17–13

14. Copyright © 2004 Pearson Education Canada Inc. Slide 17–14 Decline in Number of Savings and Loan Associations in the U.S. FDIC statistics on banking industry http://www2.fdic.gov/qbp

15. Copyright © 2004 Pearson Education Canada Inc. Slide 17–15 Total Assets of Savings and Loan Associations, 1979–2001

16. Copyright © 2004 Pearson Education Canada Inc. Slide 17–16 Savings and Loan Assets, 2001

17. Copyright © 2004 Pearson Education Canada Inc. Slide 17–17 Average Assets per Savings and Loan Association, 1984–2001

18. Copyright © 2004 Pearson Education Canada Inc. Slide 17–18 The Future of the S&L Industry (Net Income)

19. Copyright © 2004 Pearson Education Canada Inc. Slide 17–19 Savings and Loan’s Return on Equity

20. Copyright © 2004 Pearson Education Canada Inc. Slide 17–20 Number of Credit Unions in the U.S., 1933–2001

21. Copyright © 2004 Pearson Education Canada Inc. Slide 17–21 Types of U.S. Credit Union Loans

22. Copyright © 2004 Pearson Education Canada Inc. Slide 17–22 Advantages and Disadvantages of Credit Unions Advantages –Employer support –Tax advantage –Strong trade associations Disadvantages –Common bond requirement

23. Copyright © 2004 Pearson Education Canada Inc. Slide 17–23 Credit Union Membership in the U.S., 1933–2002

24. Copyright © 2004 Pearson Education Canada Inc. Slide 17–24 Future of Credit Unions in the U.S.