NAICS 522180—Savings Institutions and Other Depository Credit Intermediation

Where 522180 sits

1. 52 Finance and Insurance
2. 522 Credit Intermediation and Related Activities
3. 5221 Depository Credit Intermediation
4. 52218 Savings Institutions and Other Depository Credit Intermediation
5. 522180 Savings Institutions and Other Depository Credit Intermediation

Description

This industry comprises establishments primarily engaged in accepting deposits, making mortgage, real estate, and other consumer and commercial loans, and investing in high-grade securities (except commercial banking and credit unions). Savings and loan associations, savings banks, private banks (i.e., unincorporated banks), and establishments known as industrial banks or Morris Plans and primarily engaged in accepting deposits are included in this industry.

Cross-references for 522180

• Accepting demand and other deposits and making all types of loans--are classified in Industry 522110, Commercial Banking;
• Accepting members' share deposits in cooperatives--are classified in Industry 522130, Credit Unions; and
• Buying, pooling, and repackaging loans for sale to others on the secondary market and establishments known as industrial banks and Morris Plans and primarily engaged in providing nondepository credit--are classified in U.S. Industry 522299, International, Secondary Market, and All Other Nondepository Credit Intermediation.

522180 in other systems