### Question
What is the definition of insured depository institution?


### Answer
The definition of **insured depository institution** is as follows in *12 U.S.C. § 1813*:

> any bank or savings association the deposits of which are insured by the Corporation pursuant to this chapter

#### Citation:
  - *12 U.S.C. § 1813*
  - Heading: **CHAPTER 15-FEDERAL LOAN AGENCY**

