### Question
What does deposit placement network mean?


### Answer
**Deposit placement network** has the following meaning in *12 U.S.C. § 1831f*:

> a network in which an insured depository institution participates, together with other insured depository institutions, for the processing and receipt of reciprocal deposits

#### Citation:
  - *12 U.S.C. § 1831f*
  - Heading: **CHAPTER 16-FEDERAL DEPOSIT INSURANCE CORPORATION**

