A financial institution is considered to be an entity that, as part of its normal business operations, makes loans or extends credit to the general public. In addition, for automobile leases addressed under interpretation 101-5, Loans From Financial Institution Clients [ET section 101.07], an entity would be considered a financial institution if it leases automobiles to the general public.
The term ‘‘financial institution’’ means—
(A) a bank (as defined in paragraph (6) of this subsection);
(B) a foreign bank (as such term is used in the International Banking Act of 1978); and
(C) a savings association (as defined in section 3(b) of the Federal Deposit Insurance Act) the deposits of which are insured by the Federal Deposit Insurance Corporation.
The term “financial institution” means—
(A) a Federal reserve bank, or an entity that is a commercial or savings bank, industrial savings bank, savings and loan association, trust company, federally-insured credit union, or receiver, liquidating agent, or conservator for such entity and, when any such Federal reserve bank, receiver, liquidating agent, conservator or entity is acting as agent or custodian for a customer (whether or not a “customer”, as defined in section 741) in connection with a securities contract (as defined in section 741) such customer; or
(B) in connection with a securities contract (as defined in section 741) an investment company registered under the Investment Company Act of 1940.
"Financial institution" means a bank, credit union, savings and loan association,
investment trust, or other organization held out to the public as a place receiving funds for deposit, savings, checking, or investment.
Financial Institution. As applied to encryption items, means any of the following:
“Financial Institution” means any Connecticut bank, Connecticut credit union, or other person whose activities in this state are subject to the supervision of the commissioner, but does not include a person whose activities are subject to the supervision of the commissioner solely pursuant to chapter 672a, 672b or 672c or any combination thereof.
Financial Institution has been defined 35 different ways in documents like Money and Finance: Treasury, Criminal Resource Manual 468, AICPA Code of Professional Conduct, and 7 more.