Brokered deposit

Brokered deposit means any deposit held at the national bank or Federal savings association that is obtained, directly or indirectly, from or through the mediation or assistance of a deposit broker as that term is defined in section 29 of the Federal Deposit Insurance Act (12 U.S.C. 1831f), and includes a reciprocal brokered deposit and a brokered sweep deposit.

Source

12 CFR § 50.3

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Scoping language

For the purposes of this part:

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