depository institution

(2) The term depository institution does not include a financial institution that is not required to maintain reserves under 204.1(c)(4) of Regulation D (12 CFR 204.1(c)(4)) because it is organized solely to do business with other financial institutions, is owned primarily by the financial institutions with which it does business, and does not do business with the general public.


12 CFR § 201.2

Scoping language

For purposes of this part, the following definitions shall apply:

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