Depository Institution
Financial institutions that obtain their funds mainly through deposits from the public. They include commercial banks, savings and loan associations, savings banks and credit unions.
"Depository Institution" In Context
"The Federal Reserve is examining the scope of the growing losses and the original bet, along with whether JPMorgan’s chief investment office took risks that were inappropriate for a federally insured depository institution, according to ..." This Insurance Word is available for Sponsorship Sponsor this Definition Today.