Qualifying deposit

Qualifying deposit is the total balance in an account holder's savings accounts at the close of business on the eligibility or supplemental eligibility record date. The mutual holding company's plan of conversion may provide that only savings accounts with total deposit balances of $50 or more will qualify.

Source

12 CFR § 239.52


Scoping language

The following definitions apply to this subpart and the forms prescribed under this subpart:

Is this correct? or