Sec. 6. "Depository financial institution" means a financial institution that is organized or reorganized under Indiana law, the law of another state, or United States law. The term includes: (1) a commercial bank; (2) a trust company; (3) a credit union; (4) a savings bank; (5) a savings association; (6) a bank of discount and deposit; (7) an industrial loan and investment company; or (8) a similar financial institution to those listed in subdivisions (1) through (7); if that financial institution has the financial institution's principal place of business or a branch in Indiana.
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