### Question
Can you define what application for a deposit facility means?


### Answer
**Application for a deposit facility** is defined as the following in *12 U.S.C. § 2902*:

> an application to the appropriate Federal financial supervisory agency otherwise required under Federal law or regulations thereunder for—


(A) a charter for a national bank or Federal savings and loan association

#### Citation:
  - *12 U.S.C. § 2902*
  - Heading: **CHAPTER 30-COMMUNITY REINVESTMENT**

