### Question
What does affiliate mean?


### Answer
**Affiliate** has the following meaning in *12 U.S.C. § 371c*:

> given to such term in section 371c of this title (but does not include any company described in section [1](#371c-1_1_target) (b)(2) of such section or any bank);

#### Citation:
  - *12 U.S.C. § 371c*
  - Heading: **CHAPTER 3-FEDERAL RESERVE SYSTEM > SUBCHAPTER X-POWERS AND DUTIES OF MEMBER BANKS**

