### Question
What is the definition of financial institution?


### Answer
The definition of **financial institution** is as follows in *12 U.S.C. § 1817*:

> any insured depository institution and any foreign bank that is subject to the provisions of the Bank Holding Company Act of 1956 [12 U.S.C. 1841 et seq.] by virtue of section 3106(a) of this title

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

