§ 336.11. Definitions.
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/us/cfr/t12/s§ 336.11·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
For purposes of this subpart:
(a)Bank holding company has the meaning given to such term in section 2 of the Bank Holding Company Act of 1956 (12 U.S.C. 1841(a)).
(b)A consultant for an insured depository institution or other company shall include only individuals who work directly on matters for, or on behalf of, such institution or other company.
(c)Control has the meaning given to such term in section 336.3(b), and a foreign bank shall be deemed to control any insured branch of the foreign bank.
(d)Depository institution means any bank or savings association, including a branch of a foreign bank, if such branch is located in the United States.
(e)Foreign bank means any bank or company described in section 8(a) of the International Banking Act of 1978 (12 U.S.C. 3106(a)).
(f)Savings and loan holding company has the meaning given to such term in section 10(a)(1)(D) of the Home Owners' Loan Act (12 U.S.C. 1467a(a)(1)(D)).
(g)A senior examiner for an insured depository institution means an officer or employee of the FDIC—
(1)who has been authorized by the FDIC to conduct examinations or inspections of insured depository institutions on behalf of the FDIC;
(2)who has been assigned continuing, broad, and lead responsibility for the examination or inspection of the institution;
(3)who routinely interacts with officers or employees of the institution or its affiliates; and
(4)whose responsibilities with respect to the institution represent a substantial portion of the FDIC officer or employee's overall responsibilities.
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