; (B) the National Credit Union Administration (in the case of a credit union); or (C) a State credit union supervisor; or (3) to recognize a liability for any obligations related to activities or services performed for digital assets that such institution does not have beneficial ownership of if that liability would exceed the expense recognized in the income statement as a result of the corresponding obligation. (b) Exception for commingling Cash held for a third party by an institution described in subsection (a) may be treated as a liability on such institution’s financial statement or balance sheet if such cash is commingled with the general assets of such institution. (c) Definitions In this section: (1) Affiliate The term affiliate has the meaning given the term in section 2 of the Bank Holding Company Act of 1956 ( 12 U.S.C. 1841 ). (2) Credit union terms The terms Federal credit union and State credit union have the meaning given those terms, respectively, in section 101 of the Federal Credit Union Act ( 12 U.S.C. 1752 ). (3) FDIA terms The terms appropriate Federal banking agency , depository institution , and State bank supervisor have the meanings given the terms, respectively, in section 3 of the Federal Deposit Insurance Act ( 12 U.S.C. 1813 ). (4) State credit union supervisor The term State credit union supervisor means a State official described in section 107A(e) of the Federal Credit Union Act ( 12 U.S.C. 1757a(e) ).