18 U.S.C. § 656 — Theft, embezzlement, or misapplication by bank officer or employee

A person who is an officer, director, agent, employee, or other connected person of a Federal Reserve bank, member bank, depository institution holding company, national bank, insured bank, branch or agency^* of a foreign bank, or an organization^* operating under section 25 or section 25(a) of the Federal Reserve Act, or who is a receiver of a national bank, insured bank, branch, agency, or organization, or an agent or employee of that receiver, or a Federal Reserve Agent, or an agent or employee of a Federal Reserve Agent or of the Board of Governors of the Federal Reserve System, commits an offense by embezzling, abstracting, purloining, or willfully misapplying money, funds, or credits of the bank, branch, agency, organization, or holding company, or money, funds, assets, or securities entrusted to the custody or care of that bank, branch, agency, organization, or holding company, or to the custody or care of such an agent, officer, director, employee, or receiver. The person may be fined up to $1,000,000, imprisoned up to 30 years, or both. But if the amount embezzled, abstracted, purloined, or misapplied does not exceed $1,000, the person must be fined under title 18, imprisoned up to 1 year, or both. “National bank” means “national banking association.” “Member bank” means and includes a national bank, State bank, or bank and trust company that has become a member of one of the Federal Reserve banks. “Insured bank” includes a bank, banking association, trust company, savings bank, or other banking institution whose deposits are insured by the Federal Deposit Insurance Corporation. “Branch or agency of a foreign bank” means a branch or agency described in section 20(9) of this title. For purposes of this section, “depository institution holding company” has the meaning given that term in section 3 of the Federal Deposit Insurance Act. This section does not define “Federal Reserve bank,” “Federal Reserve Agent,” “organization,” or “Board of Governors of the Federal Reserve System.”