depository

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Related to bank depository: Depositary bank

Depository Institution

An organization, which may be either for-profit or non-profit, that takes money from clients and places it in any of a variety of investment vehicles for the benefit of both the client and the organization. Common examples of depository institutions are retail banks and savings and loan associations, both of which take deposits into safekeeping and use them to make loans to other customers.

depository

References in periodicals archive ?
Under the program of the Hungarian National Bank Depository 216-item called.
EDS") today announced a business agreement that will combine Realm's patent pending rent collection technology platform with EDS's processing and bank depository expertise.
Beginning with the delivery of relevant information, the AFS Payments Subscription Service is a Web-based, 24 x 7 information access portal providing a single-source gateway to pricing and servicing schedules for the primary payments providers impacting bank depository costs -- the Federal Reserve, correspondent banks, transportation providers, and lockbox processors.