Common use of CRA, Anti-money Laundering and Customer Information Security Clause in Contracts

CRA, Anti-money Laundering and Customer Information Security. Neither GNBC nor Grange National Bank is aware of, has been advised of, or has reason to believe that any facts or circumstances exist which would cause Grange National Bank: (i) to be deemed not to be in satisfactory compliance in any material respect with the Community Reinvestment Act of 1977, as amended (the "CRA") and the regulations promulgated thereunder, or to be assigned a rating for CRA purposes by federal or state bank regulators of lower than "satisfactory," or (ii) 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 CFR 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. Treasury's Office of Foreign Assets Control, or any other applicable anti-money laundering statute, rule or regulation; or (iii) to be deemed not to be in satisfactory compliance in any material respect with the privacy of customer information requirements contained in Title V of the Gramm-Leach-Bliley Act of 1999 and regulations promulgated thereunder xx xxxx xx xxx xxxvisions of the Information Security Program adopted by Grange National Bank pursuant to 12 CFR Part 364. Furthermore, the Board of Directors of Grange National Bank has adopted, and Grange National Bank has implemented, an anti-money laundering program that meets the requirements in all material respects of Section 352 of the USA Patriot Act and the regulations thereunder.

CRA, Anti-money Laundering and Customer Information Security. Neither GNBC the Bank nor Grange National any of its Subsidiaries is a party to any agreement with any individual or group regarding Community Reinvestment Act matters and none of Parent, the Bank nor any of their Subsidiaries is aware ofof or has Knowledge (because of the Bank’s Home Mortgage Disclosure Act data for the year ended December 31, has been advised of2014, filed with the OCC, the FDIC, or has reason to believe otherwise), that any facts or circumstances exist exist, which would cause Grange National the Bank: (i) to be deemed not to be in satisfactory compliance in any material respect with the Community Reinvestment Act of 1977Act, as amended (the "CRA") and the regulations promulgated thereunder, or to be assigned a rating for CRA Community Reinvestment Act purposes by federal or state bank regulators of lower than "“satisfactory," ”; or (ii) to be deemed to be operating in violation in any material respect of the federal Bank Secrecy Act, as amended Act and its implementing regulations (31 CFR part C.F.R. Part 103), the USA Patriot Act of 2001, Public Law 107-56 (the "USA PATRIOT ACT") and the regulations promulgated thereunderAct, any order issued with respect to anti-money laundering by the U.S. Department of the Treasury's ’s Office of Foreign Assets Control, or any other applicable anti-money laundering statute, rule or regulation; or (iii) 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 GrammXxxxx-LeachXxxxx-Bliley Xxxxxx Act of 1999 and regulations promulgated thereunder xx xxxx xx xxx xxxvisions thereunder, as well as the provisions of the Information Security Program information security program adopted by Grange National the Bank pursuant to 12 CFR C.F.R. Part 364. Furthermore, the Board board of Directors directors of Grange National the Bank has adopted, adopted and Grange National the Bank has implemented, implemented an anti-money laundering program that contains adequate and appropriate customer identification verification procedures that has not been deemed ineffective by any Governmental Authority and that meets the requirements in all material respects of Section Sections 352 and 326 of the USA Patriot Act and the regulations thereunderPATRIOT Act.

CRA, Anti-money Laundering and Customer Information Security. Neither GNBC Company nor Grange National Bank any of its Subsidiaries is a party to any agreement with any individual or group regarding Community Reinvestment Act matters and Company is not aware of, and none of Company and its Subsidiaries has been advised of, or has any reason to believe (because of the Company Bank’s Home Mortgage Disclosure Act data for the year ended December 31, 2007, filed with the FDIC, or otherwise) that any facts or circumstances exist exist, which would cause Grange National Company Bank: (i) to be deemed not to be in satisfactory compliance in any material respect with the Community Reinvestment Act of 1977Act, as amended (the "CRA") and the regulations promulgated thereunder, or to be assigned a rating for CRA Community Reinvestment Act purposes by federal or state bank regulators of lower than "“satisfactory," ”; or (ii) to be deemed to be operating in violation in any material respect of the federal Bank Secrecy Act, as amended Act and its implementing regulations (31 CFR part C.F.R. Part 103), the USA Patriot Act of 2001, Public Law 107-56 (the "USA PATRIOT ACT") and the regulations promulgated thereunderAct, any order issued with respect to anti-money laundering by the U.S. Department of the Treasury's ’s Office of Foreign Assets Control, or any other applicable anti-money laundering statute, rule or regulation; or (iii) 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 GrammXxxxx-LeachXxxxx-Bliley Xxxxxx Act of 1999 and regulations promulgated thereunder xx xxxx xx xxx xxxvisions thereunder, as well as the provisions of the Information Security Program information security program adopted by Grange National Company Bank pursuant to 12 CFR C.F.R. Part 364. Furthermore, the Board of Directors of Grange National Company Bank has adopted, adopted and Grange National Company Bank has implemented, implemented an anti-money laundering program that contains adequate and appropriate customer identification verification procedures that has not been deemed ineffective by any Governmental Authority and that meets the requirements in all material respects of Section Sections 352 and 326 of the USA Patriot Act and the regulations thereunderAct.

CRA, Anti-money Laundering and Customer Information Security. Neither GNBC FNB nor Grange National Bank any of its Subsidiaries is aware ofa party to any agreement with any individual or group regarding Community Reinvestment Act matters and to FNB’s Knowledge (because of FNB’s Home Mortgage Disclosure Act data for the year ended December 31, has been advised of2011, filed with the FDIC, or has reason to believe that any otherwise), no facts or circumstances exist exist, which would cause Grange National BankFNB: (i) to be deemed not to be in satisfactory compliance in any material respect with the Community Reinvestment Act of 1977Act, as amended (the "CRA") and the regulations promulgated thereunder, or to be assigned a rating for CRA Community Reinvestment Act purposes by federal or state bank regulators of lower than "“satisfactory," ”; or (ii) to be deemed to be operating in violation in any material respect of the federal Bank Secrecy Act, as amended Act and its implementing regulations (31 CFR part C.F.R. Part 103), the USA Patriot Act of 2001, Public Law 107-56 (the "USA PATRIOT ACT") and the regulations promulgated thereunderAct, any order issued with respect to anti-money laundering by the U.S. Department of the Treasury's ’s Office of Foreign Assets Control, or any other applicable anti-money laundering statute, rule or regulation; or (iii) 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 GrammXxxxx-LeachXxxxx-Bliley Xxxxxx Act of 1999 and regulations promulgated thereunder xx xxxx xx xxx xxxvisions thereunder, as well as the provisions of the Information Security Program information security program adopted by Grange National Bank FNB pursuant to 12 CFR C.F.R. Part 364. Furthermore, the Board board of Directors directors of Grange National Bank FNB has adopted, adopted and Grange National Bank FNB has implemented, implemented an anti-money laundering program that contains adequate and appropriate customer identification verification procedures that has not been deemed ineffective by any Governmental Authority and that meets the requirements in all material respects of Section Sections 352 and 326 of the USA Patriot Act and the regulations thereunderPATRIOT Act.