New depository institution and bridge depository institution defined
(1) New depository institution
(1)New depository institution#
The term “new depository institution” means a new national bank or Federal savings association, other than a bridge depository institution, organized by the Corporation in accordance with section 1821(m) of this title .
(2)Bridge depository institution#
The term “bridge depository institution” means a new national bank or Federal savings association organized by the Corporation in accordance with section 1821(n) of this title .