### Question
How is the "Federal savings association" defined?


### Answer
The term **Federal savings association** is defined in *12 U.S.C. § 1462* as follows -

> a Federal savings association or a Federal savings bank chartered under section 1464 of this title

#### Citation:
  - *12 U.S.C. § 1462*
  - Heading: **CHAPTER 12-SAVINGS ASSOCIATIONS**

