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covered depository institution

Defined in 1 dictionary — U.S. Code

United States Code

12 U.S.C. § 1817 — for the purposes of this section (3 versions over time)

In this paragraph, the term “covered depository institution” means an insured depository institution that—

(i) has less than $5,000,000,000 in total consolidated assets; and

(ii) satisfies such other criteria as the appropriate Federal banking agencies determine appropriate.