Bank

Bank -
(1) Bank. Has the meaning given to it in section 3(a)(6) of the Act (15 U.S.C. 78c(a)(6)) and includes:
(i) Any subsidiary of a bank;
(ii) Any corporation organized under section 25(a) of the Federal Reserve Act (12 U.S.C. 611); and
(iii) Any agency or branch of a foreign bank located within the United States.
(2) Bank does not include:
(i) Any savings and loan association;
(ii) Any credit union;
(iii) Any lending institution that is an instrumentality or agency of the United States; or
(iv) Any member of a national securities exchange.

Source

12 CFR § 221.2


Scoping language

The terms used in this part have the meanings given them in section 3 of the Act or as defined in this section as follows:

Is this correct? or