### Question
How is the "State bank" defined?


### Answer
The term **State bank** is defined in *12 U.S.C. § 1813* as follows -

> any bank, banking association, trust company, savings bank, industrial bank (or similar depository institution which the Board of Directors finds to be operating substantially in the same manner as an industrial bank), or other banking institution which—


(A) is engaged in the business of receiving deposits, other than trust funds (as defined in this section)

#### Citation:
  - *12 U.S.C. § 1813*
  - Heading: **CHAPTER 16-FEDERAL DEPOSIT INSURANCE CORPORATION**

