Bank or savings association
(1) Bank or savings association means, except as provided in 25.11(c), a national bank (including a Federal branch as defined in part 28 of this chapter) with Federally insured deposits or a savings association; (2) Bank and savings association means, except as provided in 25.11(c), a national bank (including a Federal branch as defined in part 28 of this chapter) with Federally insured deposits and a savings association.