Page:United States Statutes at Large Volume 103 Part 1.djvu/218

 103 STAT. 190 PUBLIC LAW 101-73 —AUG. 9, 1989 1993 (including the term of any Chairperson), shall end on such date. SEC. 204. DEFINITIONS. (a) DEFINITIONS OF BANK AND RELATED TERMS.—Section 3(a) of the Federal Deposit Insurance Act (12 U.S.C. 1813(a)) is amended to read as follows: "(a) DEFINITIONS OF BANK AND RELATED TERMS.— "(1) BANK. —The term 'bank' — "(A) means any national bank, State bank, and District bank, and any Federal branch and insured branch; "(B) includes any former savings association that— "(i) has converted from a savings association charter; and "(ii) is a Savings Association Insurance Fund member. "(2) STATE BANK.— The term 'State bank' means any bank, banking association, trust company, savings bank, industrial bank (or similar depository institution which the Board of Directors finds to be operating substantially in the same manner as an industrial bank), or other banking institution which— "(A) is engaged in the business of receiving deposits, other than trust funds (as defined in this section); and "(B) is incorporated under the laws of any State or which is operating under the Code of Law for the District of Columbia (except a national bank), including any cooperative bank or other unincorporated bank the deposits of which were insured by the Corporation on the day before the date of the enactment of the Financial Institu- tions Reform, Recovery, and Enforcement Act of 1989. "(3) STATE.— The term 'State' means any State of the United States, the District of Columbia, any territory of the United States, Puerto Rico, Guam, American Samoa, the Trust Terri- tory of the Pacific Islands, the Virgin Islands, and the Northern Mariana Islands. "(4) DISTRICT BANK. —The term 'District bank' means any State bank operating under the Code of Law of the District of Columbia. (b) DEFINITION OF SAVINGS ASSOCIATIONS AND RELATED TERMS.— Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813(b)) is amended to read as follows: "(b) DEFINITION OF SAVINGS ASSOCIATIONS AND RELATED TERMS.— "(1) SAVINGS ASSOCIATION. —The term 'savings association' means— "(A) any Federal savings association; "(B) any State savings association; and "(C) any corporation (other than a bank) that the Board of Directors and the Director of the Office of Thrift Super- vision jointly determine to be operating in substantially the same manner as a savings association. "(2) FEDERAL SAVINGS ASSOCIATION. — The term 'Federal sav- ings association' means any Federal savings association or Fed- eral savings bank which is chartered under section 5 of the Home Owners' Loan Act. "(3) STATE SAVINGS ASSOCIATION. —The term 'State savings association' means—

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