Thrift Assistance:

Industry Restructuring and the Net Worth Certificate Program-Update

GGD-86-71FS: Published: Apr 11, 1986. Publicly Released: Apr 11, 1986.

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Pursuant to a congressional request, GAO updated, through the third quarter of 1985, the tables and figures from a September 1985 report it determined to be the most useful in evaluating the Net Worth Certificate Program for thrift institutions.

GAO compared all Federal Savings and Loan Insurance Corporation (FSLIC)-insured institutions with: (1) a set of 67 institutions that first participated in the program prior to January 1984; and (2) a control group of 577 thrifts that were potentially eligible for net worth certificate assistance during that same period but did not participate.

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