### Question
How is the term insured bank defined?


### Answer
The term **insured bank** is defined in *12 U.S.C. § 1813* as the following:

> any bank (including a foreign bank having an insured branch) the deposits of which are insured in accordance with the provisions of this chapter

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

