Common use of Brokered Deposits Clause in Contracts

Brokered Deposits. (1) The Bank may accept Brokered Deposits (as defined by 12 C.F.R. § 337.6(a)(2)) for deposit at the Bank only after obtaining a prior written determination of no supervisory objection from the Assistant Deputy Comptroller.

Appears in 16 contracts

Samples: Agreement by And (Peoples Bancorporation Inc /Sc/), Agreement by And, Agreement by And

AutoNDA by SimpleDocs

Brokered Deposits. (1) The Bank may accept accept, renew or rollover Brokered Deposits (as defined by 12 C.F.R. § 337.6(a)(2)) for deposit at the Bank only after obtaining a prior written determination of no supervisory objection from the Assistant Deputy Comptroller.

Appears in 4 contracts

Samples: Agreement by and Between (Independence Bancshares, Inc.), occ.gov, www.occ.gov

Brokered Deposits. (1) The Bank may accept accept, renew, or roll over Brokered Deposits (as defined by 12 C.F.R. § 337.6(a)(2)) for deposit at the Bank only after obtaining a prior written determination of no supervisory objection from the Assistant Deputy Comptroller.

Appears in 3 contracts

Samples: Agreement by And (Metrocorp Bancshares Inc), www.occ.gov, www.occ.gov

Brokered Deposits. (1) The Bank may accept Brokered Deposits (as defined by 12 C.F.R. § 337.6(a)(2)) for deposit at the Bank only after Bank, up to fifteen percent (15%) of total deposits3, without obtaining a prior written determination of no supervisory objection from the Assistant Deputy Comptroller.

Appears in 2 contracts

Samples: A Material Definitive Agreement (Mainstreet Bankshares Inc), www.occ.gov

AutoNDA by SimpleDocs

Brokered Deposits. (1) The Bank may accept additional Brokered Deposits (as defined by 12 C.F.R. § 337.6(a)(2)) for deposit at the Bank only after obtaining a prior written determination of no supervisory objection from the Assistant Deputy Comptroller.

Appears in 2 contracts

Samples: Agreement (Cadence Financial Corp), www.occ.gov

Brokered Deposits. (1) The Bank may accept or acquire Brokered Deposits (as defined by 12 C.F.R. § 337.6(a)(2)) for deposit at the Bank in an aggregate amount larger than the amount on the Bank’s books as of September 30, 2008 only after submitting an application to and obtaining a prior written determination of no supervisory objection from the Assistant Deputy Comptroller.. Such application shall contain, at a minimum, the following:

Appears in 1 contract

Samples: www.occ.gov

Time is Money Join Law Insider Premium to draft better contracts faster.