### Question
How is the term community financial institution defined?


### Answer
The term **community financial institution** is defined in *12 U.S.C. § 1422* as the following:

> a member—


(i) the deposits of which are insured under the Federal Deposit Insurance Act [12 U.S.C. 1811 et seq.]

#### Citation:
  - *12 U.S.C. § 1422*
  - Heading: **CHAPTER 11-FEDERAL HOME LOAN BANKS**

