depository institution

(6) Depository institution The term “depository institution” means— (A) a depository institution as defined in section 19(b)(1)(A) of the Federal Reserve Act [ 12 U.S.C. 461(b)(1)(A) ] (other than clause (vii)); (B) an uninsured national bank or an uninsured State bank that is a member of the Federal Reserve System, if the national bank or State member bank is not eligible to make application to become an insured bank under section 1815 of this title ; (C) a branch or agency of a foreign bank, a foreign bank and any branch or agency of the foreign bank, or the foreign bank that established the branch or agency, as those terms are defined in section 1(b) of the International Banking Act of 1978 [ 12 U.S.C. 3101 ]; (D) a corporation chartered under section 25(a) 1 of the Federal Reserve Act [ 12 U.S.C. 611 et seq.]; or (E) a corporation having an agreement or undertaking with the Board of Governors of the Federal Reserve System under section 25 of the Federal Reserve Act [ 12 U.S.C. 601 et seq.].

Source

12 USC § 4402(6)


Scoping language

For purposes of this subchapter
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