Unitary Thrift is an economic and financial term used to describe savings and loan holding companies. These companies are popular among individuals, as well as larger institutions, since they offer several thrift investments or products.

Their main purpose is to provide customers with personal banking services, such as savings accounts, credit cards, home loans and auto loans. Unitary thrifts typically have a smaller range of products than larger banking institutions. This limited range allows them to offer a more diverse range of services that more closely meet customers' needs.

During the late 1970s, the interest rate of money market accounts rose significantly, resulting in losses to the savings and loan industry. To counteract these losses, unitary thrifts employed a range of risky financial activities. Unfortunately, this would later lead to a financial crisis in the 1980s, commonly referred to as the ‘Savings and Loan Crisis’.

In order to help unitary thrifts recover from this crisis, the USA government launched a plan to protect the thrift industry in 1989, placing a number of federal regulations and restrictions on unitary thrift holding companies. Today, unitary thrifts are becoming increasingly popular and are considered a reliable option for customers who are looking for secure savings and loan products.

With its range of services, unitary thrift companies present an interesting option for those looking to take advantage of the range of thrift investments on offer. Unitary thrifts are committed to serving customers and communities, offering personalized services that are tailored to meet the specific needs of their customers. This focus on quality and customer satisfaction has allowed unitary thrifts to become a popular choice in the thrift industry.