Usually means: Holds and manages customers' money.
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We found 7 dictionaries that define the word depository financial institution:

General (6 matching dictionaries)
  1. depository financial institution: Vocabulary.com
  2. depository financial institution: Dictionary.com
  3. depository financial institution: Rhymezone
  4. depository financial institution: FreeDictionary.org
  5. depository financial institution: Mnemonic Dictionary
  6. depository financial institution: TheFreeDictionary.com

Computing (1 matching dictionary)
  1. depository financial institution: Encyclopedia

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Definitions from WordNet (depository financial institution)

▸ noun:  a financial institution that accepts deposits and channels the money into lending activities

Phrases:
Originating Depository Financial Institution, more...

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