- acquire
has the meaning given to such term in section 1823(f)(8) of this title.
- actual thrift investment percentage
means the percentage determined by dividing—
- affiliate
means any person that controls, is controlled by, or is under common control with, a savings association, except as provided in section 1467a of this title.
- appropriate Federal banking agency
has the same meaning as in section 3(q) of the Federal Deposit Insurance Act (12 U.S.C. 1813(q)).
- branch
means any office, place of business, or facility, other than the principal office as defined by the Comptroller, of a savings association at which accounts are opened or payments are received or withdrawals are made, or any other office, place of business, or facility of a savings association defined by the Comptroller as a branch within the meaning of such sentence.
- company
means any corporation, partnership, trust, joint-stock company, or similar organization, but does not include the Federal Deposit Insurance Corporation, the Resolution Trust Corporation, any Federal home loan bank, or any company the majority of the shares of which is owned by the United States or any State, or by an instrumentality of the United States or any State.
- Comptroller
means the Comptroller of the Currency.
- core capital
means core capital as defined by the Comptroller of the Currency for national banks, less any unidentifiable intangible assets.
- Corporation
means the Federal Deposit Insurance Corporation.
- covered savings association
means a Federal savings association that makes an election that is approved under subsection (b).
- deal in
includes making, taking, buying, selling, redeeming, or collecting.
- default
means an adjudication or other official determination of a court of competent jurisdiction or other public authority pursuant to which a conservator, receiver, or other legal custodian is appointed.
- diversified savings and loan holding company
means any savings and loan holding company whose subsidiary savings association and related activities as permitted under paragraph (2) of subsection (c) of this section represented, on either an actual or a pro forma basis, less than 50 percent of its consolidated net worth at the close of its preceding fiscal year and of its consolidated net earnings for such fiscal year, as determined in accordance with regulations issued by the appropriate Federal banking agency.
- Federal banking agencies
means the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation.
- Federal savings association
means a Federal savings association or a Federal savings bank chartered under section 1464 of this title.
- financial activities
means activities described in clauses (i) and (ii) of section 1467a(c)(9)(A) of this title.
- functionally regulated subsidiary
has the same meaning as in section 5(c)(5) of the Bank Holding Company Act of 1956 (12 U.S.C. 1844(c)(5)).
- grandfathered unitary savings and loan holding company
means a company described in section 1467a(c)(9)(C) of this title.
- home State
means—
- insured institution
has the same meaning as in section 401(a) of the National Housing Act [12 U.S.C. 1724(a)].1
- internal financial activities
includes—
- limited liability company
means any company, partnership, trust, or similar business entity organized under the law of a State (as defined in section 3 of the Federal Deposit Insurance Act [12 U.S.C. 1813]) that provides that a member or manager of such company is not personally liable for a debt, obligation, or liability of the company solely by reason of being, or acting as, a member or manager of such company;
- loan
includes obligations and extensions or advances of credit.
- loans
includes obligations and extensions or advances of credit;
- lottery
includes any arrangement, other than a savings promotion raffle, under which—
- lottery ticket
includes any right, privilege, or possibility (and any ticket, receipt, record, or other evidence of any such right, privilege, or possibility) of becoming a winner in a lottery.
- multiple savings and loan holding company
means any savings and loan holding company which directly or indirectly controls 2 or more savings associations.
- mutual association
means a savings association which is operating in mutual form.
- mutual holding company
means a corporation organized as a holding company under this subsection.
- national bank
has the same meaning as in section 3 of the Federal Deposit Insurance Act [12 U.S.C. 1813].
- portfolio assets
means, with respect to any savings association, the total assets of the savings association, minus the sum of—
- qualified thrift investments
includes, in addition to the items specified in paragraph (4)—
- savings and loan holding company
means any company that directly or indirectly controls a savings association or that controls any other company that is a savings and loan holding company.
- savings association
includes a savings bank or cooperative bank which is deemed by the appropriate Federal banking agency to be a savings association under subsection (l).
- savings promotion raffle
means a contest in which the sole consideration required for a chance of winning designated prizes is obtained by the deposit of a specified amount of money in a savings account or other savings program, where each ticket or entry has an equal chance of being drawn, such contest being subject to regulations that may from time to time be promulgated by the appropriate prudential regulator (as defined in section 5481 of this title).
- senior executive officer
has the same meaning as in regulations prescribed under section 32(f) of the Federal Deposit Insurance Act [12 U.S.C. 1831i(f)].
- service company
means—
- State
means any State, the District of Columbia, Guam, the Commonwealth of Puerto Rico, and the Virgin Islands.
- State housing corporation
means a corporation established by a State for the limited purpose of providing housing and incidental services, particularly for families of low or moderate income.
- subsidiary
has the same meaning as in section 1813 of this title.
- tangible capital
means core capital minus any intangible assets (as intangible assets are defined by the Comptroller for national banks).
- total assets
means total assets (as total assets are defined by the Comptroller of the Currency for national banks) adjusted in the same manner as total assets would be adjusted in determining compliance with the leverage limit applicable to national banks if the savings association were a national bank.
- undercapitalized savings association
means any savings association—
- uninsured institution
means any depository institution the deposits of which are not insured by the Federal Deposit Insurance Corporation.
- violate
includes any action (alone or with another or others) for or toward causing, bringing about, participating in, counseling, or aiding or abetting a violation.