financial institution
Defined in 2 dictionaries — Case Law, U.S. Code
Definitions from Case Law
From 583 U.S. 366 - Merit Management Group, LP v. FTI Consulting, Inc. · 2018Most cited · 59 citing opinions
(A) a Federal reserve bank, or an entity that is a commercial or savings bank, industrial savings bank, savings and loan association, trust company, federally-insured credit union, or receiver, liquidating agent, or conservator for such entity and, when any such Federal reserve bank, receiver, liquidating agent, conservator or entity is acting as agent or custodian for a customer (whether or not a 'customer', as defined in section 741) in connection wit
United States Code
7 U.S.C. § 1A — as used in this chapter (2 versions over time)
The term “financial institution” means—
(A) a corporation operating under the fifth undesignated paragraph of section 25 of the Federal Reserve Act (12 U.S.C. 603), commonly known as “an agreement corporation”;
(B) a corporation organized under section 25A of the Federal Reserve Act (12 U.S.C. 611 et seq.), commonly known as an “Edge Act corporation”;
(C) an institution that is regulated by the Farm Credit Administration;
(D) a Federal credit union or State credit union (as defined in section 1752 of title 12);
(E) a depository institution (as defined in section 1813 of title 12);
(F) a foreign bank or a branch or agency of a foreign bank (each as defined in section 3101 of title 12);
(G) any financial holding company (as defined in section 1841 of title 12);
(H) a trust company; or
(I) a similarly regulated subsidiary or affiliate of an entity described in any of subparagraphs (A) through (H).
10 U.S.C. § 1053 — in this section (3 versions over time)
The term “financial institution” means a bank, savings and loan association, or similar institution or a credit union chartered by the United States or a State.
10 U.S.C. § 1594 — in this section (3 versions over time)
The term “financial institution” means a bank, savings and loan association, or similar institution or a credit union chartered by the United States or a State.
11 U.S.C. § 101 — in this title (6 versions over time)
The term "financial institution" means—
(A) a Federal reserve bank, or an entity that is a commercial or savings bank, industrial savings bank, savings and loan association, trust company, federally-insured credit union, or receiver, liquidating agent, or conservator for such entity and, when any such Federal reserve bank, receiver, liquidating agent, conservator or entity is acting as agent or custodian for a customer (whether or not a "customer", as defined in section 741) in connection with a securities contract (as defined in section 741) such customer; or
(B) in connection with a securities contract (as defined in section 741) an investment company registered under the Investment Company Act of 1940.
12 U.S.C. § 1715K — under this section (4 versions over time)
the term “financial institution” means a lender approved by the Secretary as eligible for insurance under section 1703 of this title or a mortgagee approved under section 1709(b)(1) of this title.
12 U.S.C. § 1715Z — as used in this section (3 versions over time)
the term "financial institution" means a lender approved by the Secretary as eligible for insurance under section 1703 of this title or a mortgagee approved under section 1709(b)(1) of this title; and
12 U.S.C. § 1787 — under this section
the term “financial institution” means a broker or dealer, a depository institution, a futures commission merchant, a credit union, or any other institution, as determined by the Board by regulation to be a financial institution; and
12 U.S.C. § 1821 — under this section (6 versions over time)
For purposes of this paragraph, the term “financial institution” means a broker or dealer, a depository institution, a futures commission merchant, or any other institution, as determined by the Corporation by regulation to be a financial institution, and the term “clearing organization” has the same meaning as in section 4402 of this title.