For purposes of this subchapter, the following definitions shall apply:
(1) Board.—
The term Board means the Board of Governors of the Federal Reserve System.
(2) Depository institution.—
The term depository institution has the same meaning as in section 3 of the Federal Deposit Insurance Act.
(3) Clearing bank.—
The term clearing bank means an uninsured State member bank, or a corporation organized under section 25A of the Federal Reserve Act, which operates, or operates as, a multilateral clearing organization pursuant to section 409 of the Federal Deposit Insurance Corporation Improvement Act of 1991.
