After a failed attempt to buy a thrift earlier this year, BRT Realty Trust plans to start its own.

The Great Neck, N.Y.-based real estate investment trust has applied to the Office of Thrift Supervision to form Bankers Savings, which would be initially capitalized with $20 million.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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