Bank. For the purposes of 1020.220, means:
(1) A bank, as that term is defined in § 1010.100(d), that is subject to regulation by a Federal functional regulator; and
(2) A credit union, private bank, and trust company, as set forth in § 1010.100(d) of this chapter, that does not have a Federal functional regulator.


31 CFR § 1020.100

Scoping language

Refer to 1010.100 of this Chapter for general definitions not noted herein. To the extent there is a differing definition in 1010.100 of this chapter, the definition in this Section is what applies to part 1020. Unless otherwise indicated, for purposes of this part:

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