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.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Jacksonville Bancorp Inc), Agreement and Plan of Merger (Franklin Bank Corp)
Deposit Insurance and Other Regulatory Matters. (a) The deposit accounts of Seller the 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 the Bank has paid all premiums and assessments required by the FDIA and the regulations thereunder.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Enterprise Federal Bancorp Inc)
Deposit Insurance and Other Regulatory Matters. (a) The deposit accounts of Seller Workingmens 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 Workingmens Bank has paid all premiums and assessments required by the FDIA and the regulations thereunder.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Esb Financial Corp)