Depository Institution Holding Company Law and Legal Definition

The term "depository institution holding company" means a bank holding company or a savings and loan holding company. A savings and loan holding company includes any company that directly or indirectly controls a savings association or that controls any other company that is a savings and loan holding company. However, the term does not include a bank holding company registered under the Bank Holding Company Act of 1956, or to any company directly or indirectly controlled by such company other than a savings association.