Search results
We did not find results for: define depository institution.
Check spelling or type a new query.
We did not find results for: define depository institution.
Check spelling or type a new query.
Financial institution that accepts deposits
Colloquially, a depository institution is a financial institution in the United States (such as a savings bank, commercial bank, savings and loan associations, or credit unions) that is legally allowed to accept monetary deposits from consumers. Under federal law, however, a "depository institution" is limited to banks and savings associations - credit unions are not included. An example of a non-... Wikipedia