### Question
What does reciprocal deposits mean?


### Answer
**Reciprocal deposits** has the following meaning in *12 U.S.C. § 1831f*:

> deposits received by an agent institution through a deposit placement network with the same maturity (if any) and in the same aggregate amount as covered deposits placed by the agent institution in other network member banks

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

