women's depository institution
Defined in 2 places of the United States Code.
The term “women's depository institution” means a depository institution (as defined in section 1813(c) of this title)—
(A) more than 50 percent of the ownership or control of which is held by 1 or more women;
(B) more than 50 percent of the net profit or loss of which accrues to 1 or more women; and
(C) a significant percentage of senior management positions of which are held by women.
Source
- 1994–present12 U.S.C. § 2907Banks and Banking · Operation of branch facilities by minorities and women · for purposes of this section
The term “women's depository institution” means a depository institution (as defined in section 1813(c) of this title)—
(i) more than 50 percent of the ownership or control of which is held by 1 or more women;
(ii) more than 50 percent of the net profit or loss of which accrues to 1 or more women; and
(iii) a significant percentage of senior management positions of which are held by women.
Source
- 1994–present12 U.S.C. § 1441ABanks and Banking · Thrift Depositor Protection Oversight Board and Resolution Trust Corporation · under this section