Depository institution
id:
depository-institution-167-8710468
title:
Depository institution
text:
Colloquially, a depository institution is a financial institution in the United States that is legally allowed to accept monetary deposits from consumers. Under federal law, however, a "depository institution" is limited to banks and savings associations - credit unions are not included (debatable). An example of a non-depository institution might be a mortgage bank. While licensed to lend, they cannot accept deposits.
brand slug:
wiki
category slug:
encyclopedia
description:
U.S. financial institution legally allowed to accept monetary deposits from consumers
original url:
https://en.wikipedia.org/wiki/Depository_institution
date created:
2005-12-19T05:46:14Z
date modified:
2024-08-30T09:16:43Z
main entity:
{"identifier":"Q5260792","url":"https://www.wikidata.org/entity/Q5260792"}
image:
fields total:
13
integrity:
15