Established Depository Institution Law and Legal Definition
According to 12 CFR 327.8 [Title 12 -- Banks and Banking; Chapter III -- Federal Deposit Insurance Corporation; Subchapter B -- Regulations and Statements of General Policy; Part 327 – Assessments; Subpart A -- in General], established depository institution is “a bank or savings association that has been federally insured for at least five years as of the last day of any quarter for which it is being assessed.”