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).
12 CFR § 345.12
For purposes of this part, the following definitions apply: