### Question
How is the term Bank Insurance Fund member defined?


### Answer
The term **Bank Insurance Fund member** is defined in *12 U.S.C. § 1817* as the following:

> any depository institution the deposits of which are insured by the Bank Insurance Fund

#### Citation:
  - *12 U.S.C. § 1817*
  - Heading: **CHAPTER 16-FEDERAL DEPOSIT INSURANCE CORPORATION**

