Common use of Community Reinvestment Act, Anti-money Laundering and Customer Information Security Clause in Contracts

Community Reinvestment Act, Anti-money Laundering and Customer Information Security. Except as set forth in the Madison Disclosure Schedules, neither Madison nor Madison Bank is aware of, has been advised of, or has reason to believe that any facts or circumstances exist, which would cause Madison Bank (a) to be deemed not to be in satisfactory compliance in any material respect with the Community Reinvestment Act, and the regulations promulgated thereunder, or to be assigned a rating for Community Reinvestment Act purposes by federal or state bank regulators of lower than “satisfactory,” or (b) to be deemed to be operating in violation in any material respect of the federal Bank Secrecy Act, as amended, and its implementing regulations (31 C.F.R. Part 103), the USA Patriot Act of 2001, Public Law 107-56 (the “USA Patriot Act”), and the regulations promulgated thereunder, any order issued with respect to anti-money laundering by the U.S. Department of the Treasury’s Office of Foreign Assets Control, or any other applicable anti-money laundering statute, rule or regulation, or (c) to be deemed not to be in satisfactory compliance in any material respect with the applicable privacy of customer information requirements contained in any federal and state privacy laws and regulations, including, without limitation, in Title V of the Xxxxx-Xxxxx-Xxxxxx Act of 1999 and regulations promulgated thereunder, as well as the provisions of the information security program adopted by Madison Bank pursuant to 12 C.F.R. Part 364. Except as set forth in the Madison Disclosure Schedule, the board of directors of Madison Bank has adopted and implemented an anti-money laundering program that contains adequate and appropriate customer identification certification procedures that has not been deemed ineffective in any material respects by any Regulatory Authority and that meets the requirements in all material respects of Section 352 of the USA Patriot Act and the regulations thereunder.

Community Reinvestment Act, Anti-money Laundering and Customer Information Security. Except as set forth in the Madison Leesport Disclosure SchedulesSchedule, neither Madison Leesport nor Madison Leesport Bank is aware of, has been advised of, or has reason to believe that any facts or circumstances exist, which would cause Madison Leesport Bank (a) to be deemed not to be in satisfactory compliance in any material respect with the Community Reinvestment Act, and the regulations promulgated thereunder, or to be assigned a rating for Community Reinvestment Act purposes by federal or state bank regulators of lower than “satisfactory,” or (b) to be deemed to be operating in violation in any material respect of the federal Bank Secrecy Act, as amended, and its implementing regulations (31 C.F.R. Part 103), the USA Patriot Act of 2001, Public Law 107-56 (the “USA Patriot Act”), and the regulations promulgated thereunder, any order issued with respect to anti-money laundering by the U.S. Department of the Treasury’s Office of Foreign Assets Control, or any other applicable anti-money laundering statute, rule or regulation, or (c) to be deemed not to be in satisfactory compliance in any material respect with the applicable privacy of customer information requirements contained in any federal and state privacy laws and regulations, including, without limitation, in Title V of the Xxxxx-Xxxxx-Xxxxxx Act of 1999 and regulations promulgated thereunder, as well as the provisions of the information security program adopted by Madison Leesport Bank pursuant to 12 C.F.R. Part 364. Except as set forth in the Madison Disclosure ScheduleFurthermore, the board of directors of Madison Leesport Bank has adopted and implemented an anti-money laundering program that contains adequate and appropriate customer identification certification procedures that has not been deemed ineffective in any material respects by any Regulatory Authority and that meets the requirements in all material respects of Section 352 of the USA Patriot Act and the regulations thereunder.

Community Reinvestment Act, Anti-money Laundering and Customer Information Security. Except as set forth in Neither the Madison Disclosure Schedules, neither Madison Company nor Madison the Company Bank is aware of, has been advised of, or has reason to believe that any facts or circumstances exist, which would cause Madison Bank the Company Bank: (ai) to be deemed not to be in satisfactory compliance in any material respect with the Community Reinvestment Act, and the regulations promulgated thereunder, or to be assigned a rating for Community Reinvestment Act purposes by federal or state bank regulators of lower than “satisfactory,;” or (bii) to be deemed to be operating in violation in any material respect of the federal Bank Secrecy Act, as amended, and its implementing regulations (31 C.F.R. Part 103), the USA Patriot PATRIOT Act of 2001, Public Law 107-56 (the “USA Patriot PATRIOT Act”), and the regulations promulgated thereunder, any order issued with respect to anti-money laundering by the U.S. Department of the Treasury’s Office of Foreign Assets Control, or any other applicable anti-money laundering statute, rule or regulation, ; or (ciii) to be deemed not to be in satisfactory compliance in any material respect with the applicable privacy of customer information requirements contained in any federal and state privacy laws and regulations, including, including without limitation, in Title V of the XxxxxGxxxx-Xxxxx-Xxxxxx Act of 1999 and regulations promulgated thereunder, as well as the provisions of the information security program adopted by Madison the Company Bank pursuant to 12 C.F.R. Part 364. Except as set forth in the Madison Disclosure ScheduleFurthermore, the board of directors of Madison the Company Bank has adopted and the Company Bank has implemented an anti-money laundering program that contains adequate and appropriate customer identification certification verification procedures that has not been deemed ineffective in any material respects by any Regulatory Authority Bank Regulators and that meets the requirements in all material respects of Section 352 of the USA Patriot PATRIOT Act and the regulations thereunder.

Community Reinvestment Act, Anti-money Laundering and Customer Information Security. Except as set forth in the Madison FNB Disclosure SchedulesSchedule, neither Madison nor Madison Bank FNB is not aware of, has been advised of, or has have reason to believe believe, that any facts or circumstances exist, exist which would cause Madison Bank FNB (a) to be deemed not to be in satisfactory compliance in any material respect with the Community Reinvestment Act, and the regulations promulgated thereunder, or to be assigned a rating for Community Reinvestment Act purposes by federal or state bank regulators of lower than “satisfactory,” or (b) to be deemed to be operating in violation in any material respect of the federal USA PATRIOT Act, the Bank Secrecy Act, as amended, Act and its implementing any regulations (31 C.F.R. Part 103), or rules promulgated under either of the USA Patriot Act of 2001, Public Law 107-56 (the “USA Patriot Act”), and the regulations promulgated thereunderforegoing statutes, any order issued with respect to anti-money laundering by the U.S. Department of the Treasury’s Office of Foreign Assets Control, or any other applicable anti-money laundering statute, rule or regulation, or (c) to be deemed not to be in satisfactory compliance in any material respect with the applicable privacy of customer information requirements contained in any federal and state privacy laws and regulations, including, without limitation, in Title V of the Xxxxx-Xxxxx-Xxxxxx Act of 1999 and regulations promulgated thereunder, as well as the provisions of the information security program adopted by Madison Bank FNB pursuant to 12 C.F.R. Part 364. Except as set forth in the Madison Disclosure ScheduleFurthermore, the board of directors of Madison Bank FNB has adopted and implemented an anti-money laundering program that contains adequate and appropriate customer identification certification procedures that has not been deemed ineffective in any material respects respect by any Regulatory Authority and that meets the requirements in all material respects of Section 352 353 of the USA Patriot PATRIOT Act and the regulations thereunder.

Community Reinvestment Act, Anti-money Laundering and Customer Information Security. Except as set forth in Neither the Madison Disclosure Schedules, neither Madison Company nor Madison the Company Bank is aware of, has been advised of, or has reason to believe that any facts or circumstances exist, which would cause Madison Bank the Company Bank: (ai) to be deemed not to be in satisfactory compliance in any material respect with the Community Reinvestment Act, and the regulations promulgated thereunder, or to be assigned a rating for Community Reinvestment Act purposes by federal or state bank regulators of lower than “satisfactory,;” or (bii) to be deemed to be operating in violation in any material respect of the federal Bank Secrecy Act, as amended, and its implementing regulations (31 C.F.R. Part 103), the USA Patriot PATRIOT Act of 2001, Public Law 107-56 (the “USA Patriot PATRIOT Act”), and the regulations promulgated thereunder, any order issued with respect to anti-money laundering by the U.S. Department of the Treasury’s Office of Foreign Assets Control, or any other applicable anti-money laundering statute, rule or regulation, ; or (ciii) to be deemed not to be in satisfactory compliance in any material respect with the applicable privacy of customer information requirements contained in any federal and state privacy laws and regulations, including, including without limitation, in Title V of the Xxxxx-Xxxxx-Xxxxxx Act of 1999 and regulations promulgated thereunder, as well as the provisions of the information security program adopted by Madison the Company Bank pursuant to 12 C.F.R. Part 364. Except as set forth in the Madison Disclosure ScheduleFurthermore, the board of directors of Madison the Company Bank has adopted and the Company Bank has implemented an anti-money laundering program that contains adequate and appropriate customer identification certification verification procedures that has not been deemed ineffective in any material respects by any Regulatory Authority Bank Regulators and that meets the requirements in all material respects of Section 352 of the USA Patriot PATRIOT Act and the regulations thereunder.