---
kind: "section"
citation: "12 C.F.R. § 338.6"
title: "12"
number: "338.6"
heading: "Definitions applicable to this subpart."
url: "https://uscodex.org/cfr/12/338.6"
---

# §338.6. Definitions applicable to this subpart.


For purposes of this subpart—

- (a) Bank means an insured State nonmember bank as defined in section 3 of the Federal Deposit Insurance Act, [12 U.S.C. 1813](/usc/12/1813.md).
- (b) Controlled entity means a corporation, partnership, association, or other business entity with respect to which a bank possesses, directly or indirectly, the power to direct or cause the direction of management and policies, whether through the ownership of voting securities, by contract, or otherwise.
- (c) FDIC-supervised institution means either a bank or a State savings association.
- (d) **State savings association—** has the same meaning as in section 3(b)(3) of the Federal Deposit Insurance Act, [12 U.S.C. 1813(b)(3)](/usc/12/1813.md?p=b-3).

## Notes

### Authority

Authority: 12 U.S.C. 1817, 1818, 1819, 1820(b), 2801 et seq.; 15 U.S.C. 1691 et seq.; 42 U.S.C. 3605, 3608; 12 CFR parts 1002, 1003; 24 CFR part 110.

### Source

Source: 86 FR 8088, Feb. 3, 2021, unless otherwise noted.