The term depository institution means any of the following:
(a)
An insured bank as defined in section 3 of the Federal Deposit Insurance Act;
(b)
An insured institution as defined in section 408(a) of the National Housing Act;
(c)
An insured credit union as defined in section 101 of the Federal Credit Union Act; or
(d)
Any other institution that is carrying on banking activities pursuant to a charter from a Federal or state banking authority.
Code of Federal Regulations
[57 FR 53997, Nov. 16, 1992]