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Title 12 — Banks and Banking

Chapter 34 — Federal Financial Institutions Examination Council

§ 3302. Definitions

Statutory text

As used in this chapter—

(1)

the term “Federal financial institutions regulatory agencies” means the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Office of Thrift Supervision, and the National Credit Union Administration;

(2)

the term “Council” means the Financial Institutions Examination Council; and

(3)

the term “financial institution” means a commercial bank, a savings bank, a trust company, a savings association, a building and loan association, a homestead association, a cooperative bank, or a credit union; 1

Footnotes

  1. 1 So in original. The semicolon probably should be a period.

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

  1. Federal Financial Institutions Examination Council Act of 1978

    Pub. L. 95–630 title X § 1003 · 92 Stat. 3641

    Enacted · 12 U.S.C. § 3302

    Pub. L. 95–630, title X, § 1003, Nov. 10, 1978, 92 Stat. 3694

    Source evidence

    Code source credit
    Pub. L. 95–630, title X, § 1003, Nov. 10, 1978, 92 Stat. 3694

    Enacted provision · exact public law section
    Sec. 1003. definitions As used in this title— (1) the term “Federal financial institutions regulatory agencies” means the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Federal Home Loan Bank Board, and the National Credit Union Administration; (2) the term “Council” means the Financial Institutions Examination Council; and (3) the term “financial institution” means a commercial bank, a savings bank, a trust company, a savings and loan association, a building and loan association, a homestead association, a cooperative bank, or a credit union;

  2. Financial Institutions Reform, Recovery, and Enforcement Act of 1989

    Pub. L. 101–73 § 744(a)(1)(A) · 103 Stat. 183

    Substituted · 12 U.S.C. § 3302(1)

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

    Source evidence

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

    Enacted provision · exact public law section
    (A) in paragraph (1), by striking out “Federal Home Loan Bank Board” and inserting in lieu thereof “Office of Thrift Supervision”; and

  3. Financial Institutions Reform, Recovery, and Enforcement Act of 1989

    Pub. L. 101–73 § 744(a)(1)(B) · 103 Stat. 183

    Substituted · 12 U.S.C. § 3302(3)

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

    Source evidence

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

    Enacted provision · exact public law section
    (B) in paragraph (3), by striking out “savings and loan association” and inserting in lieu thereof “savings association”.

3 of 3 references resolved to an enrolled provision

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 , see section 2101 of Pub. L. 95–630, set out as a note under section 375b of this title.

Credits

1978–1989 · 2 acts
  1. 1978Pub. L. 95–630, title X, § 1003, , 92 Stat. 3694
  2. 1989Pub. L. 101–73, title VII, § 744(a)(1), , 103 Stat. 438.
Show as published

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

Parsed from the official OLRC USLM XML in data/usc_all/usc12.xml · release point 119-108 · OLRC build 2026-07-23

USLM identifier /us/usc/t12/s3302