Section 5.1. Definitions  


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  • The following words and terms, when used in this chapter, have the following meanings, unless the context clearly indicates otherwise:

    Bank—The term as defined in section 102(f) of the Banking Code (7 P. S. § 102(f)).

    Bank and trust company—The term as defined in section 102(g) of the Banking Code.

    Consolidated total assets—The total assets as reflected in the FFIEC Call Report’s ‘‘Schedule RC—Balance Sheet of the Consolidated Reports of Condition and Income for a Bank with Domestic Offices Only—FFIEC 041’’ or ‘‘Schedule RC—Balance Sheet of the Consolidated Report of Condition and Income for a Bank with Domestic and Foreign Offices—FFIEC 031,’’ as applicable.

    Credit union—The term as defined in 17 Pa.C.S. § 102 (relating to application of title).

    FFIEC Call Report—A report promulgated by the Federal Financial Institutions Examinations Council that sets forth consolidated total assets and fiduciary assets.

    Fiduciary assets—The sum of the total fiduciary assets in the FFIEC Call Report’s ‘‘Schedule RC—T Fiduciary and Related Services of the Consolidated Report of Condition and Income for a Bank with Domestic Offices Only—FFIEC 041.’’

    Fiscal year—The term as defined in section 617(a) of The Administrative Code of 1929 (71 P. S. § 237(a)).

    NCUA Call Report—A report promulgated by the National Credit Union Administration that sets forth total assets.

    Savings association—The term as defined in section 102(3) of the Savings Association Code of 1967 (7 P. S. § 6020-2(3)) (repealed).

    Savings bank—The term as defined in section 102(x) of the Banking Code.

    Total assets—The total assets as reflected on the ‘‘Statement of Financial Condition’’ in the NCUA Call Report.

    Trust company—The term as defined in section 102(dd) of the Banking Code.

    UFIRS—The Uniform Financial Institutions Rating System.

    UITRS—The Uniform Interagency Trust Rating System.