Lincoln Savings and Loan
Lincoln Savings and Loan was a financial institution based in the United States, primarily known for offering savings accounts and home loans. Founded in the early 20th century, it aimed to help individuals and families achieve home ownership by providing accessible mortgage options.
The institution gained notoriety in the late 1980s during the savings and loan crisis, which involved widespread failures of savings and loan associations. Lincoln Savings and Loan was ultimately closed by regulators in 1989 due to insolvency, leading to significant financial losses and legal repercussions for its executives, including Charles Keating.