### Question
What is the definition of covered depository institution?


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

> an insured depository institution that—


(i) has less than $5,000,000,000 in total consolidated assets

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

