Financial institutions

Definition of Financial institutions

An insured bank; a commercial bank or trust company; a private banker; an agency or branch of a foreign bank in the United States; an insured institution as defined in the National Housing Act; a thrift institution; a broker or dealer registered with the Securities and Exchange Commission; a broker or dealer in securities or commodities; an investment banker or investment company; a currency exchange; an issuer, redeemer, or cashier of travelers’ checks, checks, money orders, or similar instruments; an operator of a credit card system; an insurance company; a dealer in precious metals, stones or jewels; a pawnbroker; a loan or finance company; a travel agency; a licensed sender of money; a telegraph company. 31 U.S.C.A. § 5312. See also Uniform Probate Code, § 6-101(3).

That's the definition of Financial institutions in Black's Law Dictionary 6th Edition. Courtesy of

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