---
kind: "section"
citation: "12 U.S.C. § 3302"
title: "12"
title_heading: "Banks and Banking"
number: "3302"
heading: "Definitions"
release: "119-102"
url: "https://uscodex.org/usc/12/3302"
units:
  - "Chapter 34 — Federal Financial Institutions Examination Council"
---

# §3302. Definitions


As used in this chapter—

- (1) the term “Federal financial institutions regulatory agencies” means the [Office](/usc/12/2279bb.md?p=4) of the Comptroller of the Currency, the [Board](/usc/12/221a.md?p=a) of Governors of the Federal Reserve System, the Federal [Deposit](/usc/12/5301.md?p=18-A) Insurance [Corporation](/usc/12/2277a.md?p=2), the [Office](/usc/12/2279bb.md?p=4) of Thrift Supervision, and the National [Credit Union](/usc/12/3423.md?p=a-1-E) Administration;
- (2) the term “Council” means the [Financial Institutions](#3) Examination Council; and
- (3) the term “financial institution” means a commercial [bank](/usc/12/1426a.md?p=g-1), a savings [bank](/usc/12/1426a.md?p=g-1), a trust [company](/usc/12/24a.md?p=g-1), a [savings association](/usc/12/1861.md?p=b-5), a building and loan [association](/usc/12/1828.md?p=s-4-E-i), a homestead [association](/usc/12/1828.md?p=s-4-E-i), a cooperative [bank](/usc/12/1426a.md?p=g-1), or a [credit union](/usc/12/3423.md?p=a-1-E);[^1]

## Footnotes

[^1]: So in original. The semicolon probably should be a period.

## Source credit

(Pub. L. 95–630, title X, § 1003, Nov. 10, 1978, 92 Stat. 3694; Pub. L. 101–73, title VII, § 744(a)(1), Aug. 9, 1989, 103 Stat. 438.)

## Notes

### Editorial Notes

### Amendments

1989—Par. (1). Pub. L. 101–73, § 744(a)(1)(A), substituted “Office of Thrift Supervision” for “Federal Home Loan Bank Board”.

Par. (3). Pub. L. 101–73, § 744(a)(1)(B), substituted “savings association” for “savings and loan association”.

### Statutory Notes and Related Subsidiaries

### Effective Date

Section effective upon the expiration of 120 days after Nov. 10, 1978, see section 2101 of Pub. L. 95–630, set out as a note under section 375b of this title.