### Question
What does community financial institution mean?


### Answer
**Community financial institution** has the following meaning in *12 U.S.C. § 1422*:

> a member—


(i) the deposits of which are insured under the Federal Deposit Insurance Act [12 U.S.C. 1811 et seq.]

#### Citation:
  - *12 U.S.C. § 1422*
  - Heading: **CHAPTER 11-FEDERAL HOME LOAN BANKS**

