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 Exhibit A” for a listing of these accounts (if any exist). 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 (if any exist) 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. II CDARS CDARS deposits pass to the Assuming Bank, but are excluded from Assumed Deposits when the deposit premium is calculated. The Cowlitz Bank did participate in the CDARS program. 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. III Market Place Deposits “Market Place Deposits” is a description given to deposits that may have been solicited via a money desk, internet subscription service (for example, Qwickrate), or similar programs. The Cowlitz Bank did have Market Place Deposits as identified above as of the download date. These are shown below if any existed. This list will be updated post closing (if any exist) with balances as of Bank Closing date. This schedule provides a snapshot of account categories and balances as of 7/1/10. The deposit franchise bid premium will be calculated using account categories and balances as of Bank Closing Date that are reflected in the general ledger or subsystem as described above. The final numbers for Schedule 7 will be provided post closing. Module 1 – Whole...
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
Category Description. Category 1 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 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 its role as Receiver and Insurer. These terms will not appear on other “brokered deposit” reports generated by the Failed Bank. Non-DO Brokered Deposits pass to the Assuming Bank, but are excluded from Assumed Deposits when the deposit premium is calculated. As of the Bid Valuation Date, the Bank had Brokered Deposits. Please see the attached “Non-DO Broker Deposit Detail Report” for a listing of these accounts. This list will be provided post closing with balances as of Bank Closing.
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. Increased Employee Costs Includes increased 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. Increased utilities Gas, electricity, cable, internet, phone if increased as a result of the COVID-19 pandemic. Technology upgrades and investments Technology upgrades and investments as a result of the COVID-19 Pandemic: examples include website or hardware upgrades, ecommerce software or apps, touchless payment systems, digital reservation systems, laptops, computers, tablets. Physical adaptations Physical adaptations changes in response to the COVID-19 Pandemic: e.g., plexiglass dividers, furniture/fixture modifications, contractor costs for installation, setting up outdoor dining (tables, landscaping, host stations, hand washing stations, tent purchases or rentals), HVAC related costs. This may include expenses funded by sources listed above. This may not include redevelopment costs not necessitated by the COVID-19 pandemic. Supplies or equipment Supplies or equipment purchased as a result of the COVID-19 pandemic: cleaning supplies, masks, gloves, hand sanitizer, face xxxxxxx, and other COVID-19 related materials. This could also include increased costs of carry out containers, printing, and supplies a business purchased to adapt and continue operations during the COVID-19 pandemic. Professional services Professional services used to pivot or adapt to COVID-19 (business consulting, ecommerce platform development). Inventory replacement Inventory replacement: Limited to food or perishable items replaced due to mandatory closures or restricted operations; may not include standard or new inventory. To: Board of Finance From: Board of Selectman Date: June 8, 2022 Re: Use of American Rescue Plan Funds At the meeting of the Board of Selectmen on June 7, 2022, the following uses of the American Rescue Plan Fun...
Category Description. SLA Requirements
Category Description. Increasing Risk Drinkers Those with no apparent problems but taking risks with their longer term health through regular excessive drinking or intermittent sessions of heavy drinking Higher Risk Drinkers Those who are already experiencing physical. psychological ill effects from their drinking but are not severely dependent Dependent Drinkers Those who have a wide range of alcohol related problems. Some are drinkers with complex problems such as co-existing physical or mental health needs, polydrug dependence and social problems Binge Drinkers Those who consume over double the maximum PHE recommended daily maximum number of alcohol units in one session.
Category Description. 1 • 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 Highlights: If you are in Category 1 or 2, you will receive your pension, along with a lump sum payment. 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. 1 • 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.
