Common use of Banking services for employees Clause in Contracts

Banking services for employees. Pro- vide banking services, including de- posit services, to the officers and em- ployees of the Edge or agreement cor- poration and its affiliates; however, ex- tensions of credit to such persons shall be subject to the restrictions of Regu- lation O (12 CFR part 215) as if the Edge or agreement corporation were a member bank.

Appears in 4 contracts

Samples: Federal Reserve System Agreement, Banking Services Agreement, Financial Services Agreement

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