| Branch of foreign bank |
No |
Yes
* Currently, any branches of a foreign bank that start to operate businesses in the United States shall not conduct deposit-taking activities. Only foreign banks’ branches which acquired permission in the past are allowed to take deposits.
|
Yes
* Deposits of foreign banks chartered in the European Economic Area are insured by deposit insurance systems in their home countries. However, foreign banks’ branches may apply to join the UK deposit insurance system to “top-up” the coverage.
|
| Corporative institution |
Yes
Shinkin bank, credit cooperative, labor bank, etc
No
Agricultural cooperative, fishery cooperative, etc
(Insured by the Agricultural and Fishery Cooperative Savings Insurance Corporation)
|
No
Credit union
(Insured by National Credit Union Administration)
|
Yes
Building society, credit union
|