### Question
How is the "insured depository institution” has the same meaning as in section 3 of the Federal Deposit Insurance Act [12 U.S.C. 1813] [3](#1441_3_target)


#### (4) Deposit terms


#### (A) BIF-assessable deposits


The term “BIF-assessable deposit" defined?


### Answer
The term **insured depository institution” has the same meaning as in section 3 of the Federal Deposit Insurance Act [12 U.S.C. 1813] [3](#1441_3_target)


#### (4) Deposit terms


#### (A) BIF-assessable deposits


The term “BIF-assessable deposit** is defined in *12 U.S.C. § 1441* as follows -

> a deposit that is subject to assessment for purposes of the Bank Insurance Fund under the Federal Deposit Insurance Act [12 U.S.C. 1811 et seq.] (including a deposit that is treated as a deposit insured by the Bank Insurance Fund under section 5(d)(3) of the Federal Deposit Insurance Act [12 U.S.C. 1815(d)(3)])

#### Citation:
  - *12 U.S.C. § 1441*
  - Heading: **CHAPTER 11-FEDERAL HOME LOAN BANKS**

