Lawmakers have sidetracked the thrift industry's push for a California state savings bank charter as an alternative to the state's thrift charter.

Thrifts argued that they would need the choice if Congress eliminated the federal thrift charter.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.