THE WAVE ENTERTAINMENT ISSUE 15: THE YEAR END ISSUE | Page 17

group of conservative, fiscally responsible lenders that helped spur the
housing boom that followed the end of World War II. The S&Ls usually
paid a slightly higher interest rate on deposits than banks and offered
premiums and gifts to attract depositor dollars away from banks, the
more traditional repositories of cash. (Read about the bodies protecting
your bank deposits in Bank Failur