### Question
How does FEDERAL DEPOSIT INSURANCE CORPORATION define agent institution?


### Answer
Under *12 U.S.C. § 1831f*, **agent institution** is defined as:

> an insured depository institution that places a covered deposit through a deposit placement network at other insured depository institutions in amounts that are less than or equal to the standard maximum deposit insurance amount, specifying the interest rate to be paid for such amounts, if the insured depository institution—


(i)(I) when most recently examined under section 1820(d) of this title was found to have a composite condition of outstanding or good

#### Citation:
  - *12 U.S.C. § 1831f*
  - Heading: **CHAPTER 16-FEDERAL DEPOSIT INSURANCE CORPORATION**

