Common use of Deposit Insurance and Other Regulatory Matters Clause in Contracts

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.

Appears in 3 contracts

Samples: Agreement and Plan of Reorganization (Peoples Community Bancorp Inc /De/), Agreement and Plan of Reorganization (Pboc Holdings Inc), Agreement and Plan of Reorganization (Market Financial Corp)

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Deposit Insurance and Other Regulatory Matters. (a) The deposit accounts of Market Bank the Association 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 the Association has paid all premiums and assessments required by the FDIA and the regulations thereunder.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Delaware First Financial Corp)

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