Thrift Industry Posts First Yearly Profit Since 2006
March 2, 2011 (Jeff Alan) The Office of Thrift Supervision (OTS) reports that the nation’s thrift industry posted its first profitable year since the beginning of the financial crisis in 2006. The industry showed profits in all four quarters of 2010 totaling $6.6 billion including a $1.75 profit in the fourth quarter which is 0.76 [...]