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Financial Agent

A bank or similar institution chosen by the U.S. Treasury to handle government money and financial transactions.

Mentor-Protege Program

A program where an experienced, larger organization (mentor) guides and supports a smaller, developing organization (protege) to help it grow and improve.

Small Financial Institution

Banks, credit unions, or similar entities with total assets of $2 billion or less, including those specifically serving minority groups or located in rural areas.

Large Financial Institution

A bank or similar entity with total assets of $50 billion or more, regulated by federal financial agencies.

Rural Depository Institution

A bank or credit union with less than $10 billion in assets that operates in a rural area as defined by federal regulations.

Minority Depository Institution

A bank or similar institution where 51% or more of the voting stock is owned by minority individuals, or the majority of the board of directors is minority and the community it primarily serves is minority.

Secretary of the Treasury

The head of the U.S. Department of the Treasury, responsible for managing the government's finances and economic policy.