### Question
How is the "national bank" is synonymous with "national banking association"; "member bank" defined?


### Answer
The term **national bank" is synonymous with "national banking association"; "member bank** is defined in *18 U.S.C. § 656* as follows -

> and includes any national bank, state bank, or bank and trust company which has become a member of one of the Federal Reserve banks; "insured bank" includes any bank, banking association, trust company, savings bank, or other banking institution, the deposits of which are insured by the Federal Deposit Insurance Corporation

#### Citation:
  - *18 U.S.C. § 656*
  - Heading: **PART I-CRIMES > CHAPTER 31-EMBEZZLEMENT AND THEFT**

