Bank

Bank means a State nonmember bank, as that term is defined in section 3(e)(2) of the Federal Deposit Insurance Act, as amended (FDIA) (12 U.S.C. 1813(e)(2)), with Federally insured deposits, except as provided in 345.11(c). The term bank also includes an insured State branch as defined in 345.11(c).

Source

12 CFR § G_to_part_345


Scoping language

None
Is this correct? or