Category Description. I Brokered Deposits II CDARS III Market Place Deposits [Name of Unclaimed Depositor] [Address of Unclaimed Depositor] [Anytown, USA]
Category Description. I Brokered Deposits
Category Description. I Brokered Deposits II CDARS III Market Place Deposits
Category Description. Age 55 or greater, plus years of service is equal to or greater than 80 2 • Age 55 or greater, plus 10+ years of service with age plus service less than 80 3 • Age less than 55, however, age plus service is equal to or greater than 80 4 • All other Regular Full or Regular Part-time employees If you are in Category 3, you will receive a Bridging Allowance and a 26 week lump sum payment, or a lump sum payment of up to a maximum of 65 weeks. If you are in Category 4, you will receive a Termination Allowance based on your years of service.
Category Description conduct Category 1 conduct is inappropriate conduct that: i. relates to minor management matters or customer service matters; or ii. reveals a need for improvement in the performance of the AFP appointee concerned; and iii. conduct of that kind does not warrant being treated as category 2 or 3 conduct.
Category Description. Extensive There is extensive business service impact because multiple clients, or an entire critical business area is affected by the incident. Considerable human and technical resources are needed. Management is involved in the decision process.
Category Description. I Brokered Deposits II CDARS
Category Description. Increased compensation costs Increased compensation costs (including salaries, wages, tips, paid leave, and group healthcare benefits) (e.g. hired an additional employee). Please only list increases in compensation that are a direct response to the COVID-19 pandemic and compliance with public health measures. This does not include increase in staffing due to increases in business or demand.
Category Description. SLA Requirements
Category Description. I Brokered Deposits Brokered deposit accounts are accounts for which the “depositor of record” is an agent, nominee, or custodian who deposits funds for a principal or principals to whom “pass-through” deposit insurance coverage may be extended. The FDIC separates brokered deposit accounts into 2 categories: 1) Depository Organization (DO) Brokered Deposits and 2) Non-Depository Organization (Non-DO) Brokered Deposits. This distinction is made by the FDIC to facilitate our role as Receiver and Insurer. These terms will not appear on other “brokered deposit” reports generated by the institution. Non-DO Brokered Deposits pass to the Assuming Bank, but are excluded from Assumed Deposits when the deposit premium is calculated. Please see the attached “Schedule 7 Non-DO Broker Deposit Detail Report” for a listing of these accounts. This list will be updated post closing with balances as of Bank Closing date. DO Brokered Deposits (Cede & Co as Nominee for DTC), are typically excluded from Assumed Deposits in the P&A transaction. A list of these accounts is provided on “Schedule 2.1 DO Brokered Deposit Detail Report”. If, however, the terms of a particular transaction are altered and the DO Brokered Deposits pass to the Assuming Bank, they will not be included in Assumed Deposits for purposes of calculating the deposit premium. CDARS deposits pass to the Assuming Bank, but are excluded from Assumed Deposits when the deposit premium is calculated. New Century Bank did not participate in the CDARS program as of the date of the deposit download. If CDARS deposits are taken between the date of the deposit download and the Bank Closing Date, they will be identified post closing and made part of Schedule 7 to the P&A Agreement.
