Lead Insured Depository Institution Law and Legal Definition

According to 12 CFR 225.2 [Title 12 -- Banks and Banking; Chapter II -- Federal Reserve System; Subchapter A -- Board Of Governors Of The Federal Reserve System; Part 225 -- Bank Holding Companies And Change In Bank Control (Regulation Y); Subpart A -- General Provisions; Regulations], lead insured depository institution means “the largest insured depository institution controlled by the bank holding company as of the quarter ending immediately prior to the proposed filing, based on a comparison of the average total risk-weighted assets controlled during the previous 12-month period by each insured depository institution subsidiary of the holding company.”