Deposit Insurance and Other Regulatory Matters. The deposit accounts of Acquiror Sub, are insured by the FDIC to the maximum extent permitted by the FDIA, and Acquiror Sub has paid all premiums and assessments required by the FDIA and the regulations thereunder. No action, suit or proceedings is pending or, to the Knowledge of Acquiror, has been threatened by the FDIC against Acquiror or the Acquiror Sub with respect to the termination of such insurance.
Deposit Insurance and Other Regulatory Matters. The deposit accounts of Seller Subsidiary are insured by the FDIC to the maximum extent permitted by the Federal Deposit Insurance Act, as amended (the “FDIA”), and the Seller Subsidiary has paid all premiums and assessments required by the FDIA and the regulations thereunder. No action, suit or proceeding is pending or, to the Knowledge of Seller, has been threatened by the FDIC against Seller or the Subsidiaries with respect to the termination of such insurance.
Deposit Insurance and Other Regulatory Matters. (a) The deposit accounts of Market Bank are insured by the Savings Association Insurance Fund administered by the FDIC to the maximum extent permitted by the Federal Deposit Insurance Act, as amended ("FDIA"), and Market Bank has paid all premiums and assessments required by the FDIA and the regulations thereunder.
(b) Market Bank is a member in good standing of the Federal Home Loan Bank ("FHLB") of Cincinnati and owns the requisite amount of stock in the FHLB of Cincinnati.
(c) Market Bank is a "qualified thrift lender," as such term is defined in the HOLA and the regulations thereunder.
(d) Market Bank has at all times qualified as a "domestic building and loan association," as such term is defined in Section 7701(a)(19) of the Code, for purposes of Section 593 of the Code.
Deposit Insurance and Other Regulatory Matters. (a) The deposit accounts of Peoples Bank are insured by the Savings Association Insurance Fund administered by the FDIC to the maximum extent permitted by the FDIA, and Peoples Bank has paid all premiums and assessments required by the FDIA and the regulations thereunder.
(b) Peoples Bank is a member in good standing of the FHLB of Cincinnati and owns the requisite amount of stock in the FHLB of Cincinnati.
(c) Peoples Bank is a "qualified thrift lender," as such term is defined in the HOLA and the regulations thereunder.
(d) Peoples Bank has at all times qualified as a "domestic building and loan association," as such term is defined in Section 7701(a)(19) of the Code, for purposes of Section 593 of the Code.
Deposit Insurance and Other Regulatory Matters. (a) The deposit accounts of Seller Bank are insured by the Savings Association Insurance Fund administered by the FDIC to the maximum extent permitted by the Federal Deposit Insurance Act, as amended (the "FDIA"), and Seller Bank has paid all premiums and assessments required by the FDIA and the regulations thereunder.
(b) Seller Bank is a member in good standing of the Federal Home Loan Bank (the "FHLB") of Dallas and owns the requisite amount of stock in the FHLB of Dallas.
(c) Seller Bank is a "qualified thrift lender," as such term is defined in the HOLA and the regulations thereunder.
Deposit Insurance and Other Regulatory Matters. (a) The deposit accounts of Advance Savings are insured by the Savings Association Insurance Fund administered by the Federal Deposit Insurance Corporation ("FDIC") to the maximum extent permitted by the Federal Deposit Insurance Act, as amended ("FDIA"), and Advance Savings has paid all premiums and assessments required by the FDIA and the regulations thereunder.
(b) Advance Savings is a member in good standing of the Federal Home Loan Bank ("FHLB") of Pittsburgh and owns the requisite amount of stock in the FHLB of Pittsburgh.
(c) As of the date hereof, neither Advance nor Advance Savings is aware of any reasons relating to Advance or Advance Savings why all consents and approvals shall not be received from all regulatory agencies having jurisdiction over the transactions contemplated by this Agreement as shall be necessary for consummation of the transactions contemplated hereby. Furthermore, Advance Savings' most recent Community Reinvestment Act rating is not less than satisfactory.
Deposit Insurance and Other Regulatory Matters. (a) The deposit accounts of ESB Bank are insured by the Savings Association Insurance Fund administered by the FDIC to the maximum extent permitted by the FDIA, and ESB Bank has paid all premiums and assessments required by the FDIA and the regulations thereunder.
(b) ESB Bank is a member in good standing of the FHLB of Pittsburgh and owns the requisite amount of stock in the FHLB of Pittsburgh.
(c) ESB Bank is a "qualified thrift lender," as such term is defined in the HOLA and the regulations thereunder.
(d) ESB Bank has at all times qualified as a "domestic building and loan association," as such term is defined in Section 7701(a)(19) of the Code, for purposes of Section 593 of the Code.
Deposit Insurance and Other Regulatory Matters. (a) The deposit accounts of Peoples Home Savings Bank are insured by the Savings Association Insurance Fund administered by the FDIC to the maximum extent permitted by the Federal Deposit Insurance Act, as amended (“FDIA”), and Peoples Home Savings Bank has paid all premiums and assessments required by the FDIA and the regulations thereunder.
(b) Peoples Home Savings Bank is a member in good standing of the Federal Home Loan Bank (“FHLB”) of Pittsburgh and owns the requisite amount of stock in the FHLB of Pittsburgh.
(c) As of the date hereof, neither PHSB nor Peoples Home Savings Bank is aware of any reasons relating to PHSB or Peoples Home Savings Bank why all consents and approvals shall not be received from all regulatory agencies having jurisdiction over the transactions contemplated by this Agreement as shall be necessary for consummation of the transactions contemplated hereby. Furthermore, Peoples Home Savings Bank’s most recent Community Reinvestment Act rating is not less than satisfactory.
Deposit Insurance and Other Regulatory Matters. (a) The deposit accounts of ESB Bank are insured by the Savings Association Insurance Fund administered by the FDIC to the maximum extent permitted by the FDIA, and ESB Bank has paid all premiums and assessments required by the FDIA and the regulations thereunder.
(b) ESB Bank is a member in good standing of the FHLB of Pittsburgh and owns the requisite amount of stock in the FHLB of Pittsburgh.
(c) ESB Bank is a "qualified thrift lender," as such term is defined in the HOLA and the regulations thereunder.
(d) As of the date hereof, neither ESB nor ESB Bank is aware of any reasons relating to ESB or ESB Bank why all consents and approvals shall not be received from all regulatory agencies having jurisdiction over the transactions contemplated by this Agreement as shall be necessary for consummation of the transactions contemplated hereby. Furthermore, ESB Bank's most recent Community Reinvestment Act rating is not less than satisfactory.
Deposit Insurance and Other Regulatory Matters. The deposit accounts of Merchants are insured by the Bank Insurance Fund of the FDIC to the maximum extent permitted by law, and Merchants has paid all premiums and assessments and filed all reports required under the FDIA. Merchants has no brokered deposits.
