NCUA FOM – What would an “FDIC” insured non-depository” be?

Compliance > NCUA
Q:  What would an “FDIC” insured non-depository” be?    
A:  A non-depository institution is an entity that does not accept deposits.  For example, an established FDIC-insured bank may have a branch or office that only handles commercial lending transactions, and does not accept deposits or disburse funds.
This information was obtained from the NCUA’s website, Chartering and Field of Membership Resources page -

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