Millard Franklin Thrift, 52, a former D.C. policeman who became the president of the savings and loan association in Florida, died Saturday in a hospital in Gainesville, Fla., following a stroke.

Mr. Thrift joined the D.C. police department following World War II service in the Army Air Corps. He was a motorcycle officer and was injured in an accident while on duty. He retired in 1951 and studied accounting at Benjamin Franklin University, from which he graduated with honors. He became a certified public accountant.

He moved to Florida in the mid-1950s and went to work for the Ocala, Fla., Federal Savings and Loan Association. Through mergers, this became part of the Mid-State Federal Savings and Loan Association, of which Mr. Thrift was president at the time of his death.

Mr. Thrift was born in Village, Va., and grew up in Capital heights, Md.

His marriage to Ruth Ella Thrift, of Elkton, Md., ended in divorce.

Survivors include his wife, Helen, of the home in Ocala, Fla.; five children by his first marriage, Sandra Fabella, of Elkton, Marlene Warren, of Morristown, Tenn., Beverly Lukas, of Ocala, and Robert and Frank, both of the home; his mother, Annie Virginia Spears, of Richmond, and two sisters, Annie Virginia Shipler, of Capital Heights, and Inez Carpino, of Ocala.