; and (iii) subchapter II of chapter 53 of title 31, United States Code. (E) Qualifying account The term qualifying account means any account established in the Department of the Treasury that— (i) is controlled by the Secretary; and (ii) is expected to maintain a balance greater than $200,000,000 for the following calendar month. (F) Secretary The term Secretary means the Secretary of the Treasury. (G) Well capitalized The term well capitalized has the meaning given in section 38 of the Federal Deposit Insurance Act ( 12 U.S.C. 1831o ). (l) Streamlined community development financial institution applications and reporting (1) Application processes Not later than 12 months after the date of the enactment of this Act and with respect to any person having assets under $3,000,000,000 that submits an application for deposit insurance with the Federal Deposit Insurance Corporation that could also become a community development financial institution, the Federal Deposit Insurance Corporation, in consultation with the Administrator of the Community Development Financial Institutions Fund, shall— (A) develop systems and procedures to record necessary information to allow the Administrator to conduct preliminary analysis for such person to also become a community development financial institution