Common use of Deposit Insurance Clause in Contracts

Deposit Insurance. The deposits of Bank are insured by the FDIC in accordance with The Federal Deposit Insurance Act ("FDIA"), and Bank has paid all assessments and filed all reports required by the FDIA.

Appears in 16 contracts

Samples: Merger Agreement (Sky Financial Group Inc), Merger Agreement (Second Bancorp Inc), Merger Agreement (Farmers National Banc Corp /Oh/)

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Deposit Insurance. The deposits of the Bank are insured by the FDIC in accordance with The the Federal Deposit Insurance Act ("FDIA")Act, and the Bank has paid all premiums and assessments and filed all reports required by the FDIAwith respect to such deposit insurance.

Appears in 7 contracts

Samples: Merger Agreement (First Merchants Corp), Merger Agreement (Level One Bancorp Inc), Merger Agreement (Farmers & Merchants Bancorp Inc)

Deposit Insurance. The deposits of the Bank are insured by the FDIC Federal Deposit Insurance Corporation (“FDIC”) in accordance with The the Federal Deposit Insurance Act ("FDIA")Act, and the Bank has paid all premiums and assessments and filed all reports required by the FDIAwith respect to such deposit insurance.

Appears in 7 contracts

Samples: Agreement and Plan of Reorganization and Merger (Farmers & Merchants Bancorp Inc), Merger Agreement (First Merchants Corp), Merger Agreement (Ameriana Bancorp)

Deposit Insurance. The deposits of Bank are insured by the FDIC in accordance with The Federal Deposit Insurance Act ("FDIA"), and Bank has paid all assessments and filed all reports required by the FDIA.

Appears in 6 contracts

Samples: Merger Agreement (Main Street Banks Inc /New/), Merger Agreement (Sky Financial Group Inc), Merger Agreement (Sky Financial Group Inc)

Deposit Insurance. The deposits deposit accounts of the Bank are insured by the FDIC in accordance with the provisions of the FDIC Act. The Federal Deposit Insurance Act ("FDIA"), and Bank has paid all regular premiums and special assessments and filed all reports required by under the FDIAFDIC Act.

Appears in 6 contracts

Samples: Merger Agreement (Community Bancshares Inc /De/), Merger Agreement (Superior Bancorp), Merger Agreement (Kensington Bankshares Inc)

Deposit Insurance. The deposits of the Bank are insured by the FDIC in accordance with The Federal Deposit Insurance Act ("FDIA"), and the Bank has paid all assessments and filed all reports required by the FDIA.

Appears in 4 contracts

Samples: Merger Agreement (S&t Bancorp Inc), Merger Agreement (S&t Bancorp Inc), Merger Agreement (S&t Bancorp Inc)

Deposit Insurance. The deposits of the Bank are insured by the FDIC Federal Deposit Insurance Corporation ("FDIC") in accordance with The the Federal Deposit Insurance Act ("FDIA")Act, and the Bank has paid all premiums and assessments and filed all reports required by the FDIAwith respect to such deposit insurance.

Appears in 3 contracts

Samples: Merger Agreement (Lafayette Bancorporation), Merger Agreement (First Merchants Corp), Merger Agreement (CNBC Bancorp /Oh)

Deposit Insurance. The deposits of the Bank are insured by the FDIC in accordance with The the Federal Deposit Insurance Act ("the “FDIA"), and the Bank has paid all assessments and filed all reports required by the FDIA.

Appears in 2 contracts

Samples: Merger Agreement (First Financial Bancorp /Oh/), Merger Agreement (S Y Bancorp Inc)

Deposit Insurance. The deposits of the Bank are insured by the Bank Insurance Fund of the FDIC in accordance with The Federal Deposit Insurance Act ("the provisions of the FDIA"), and Bank has paid all assessments and filed all reports required by the FDIA.

Appears in 2 contracts

Samples: Merger Agreement (Bt Financial Corp), Reorganization Agreement (Promistar Financial Corp)

Deposit Insurance. The deposits deposit accounts of the Bank are insured by the Savings Association Insurance Fund administered by the FDIC in accordance with The to the maximum extent permitted by the Federal Deposit Insurance Act Act, as amended ("FDIA"), and the Bank has paid all premiums and assessments and filed all reports required by the FDIAFDIA and the regulations thereunder.

Appears in 2 contracts

Samples: Reorganization Agreement (Laurel Capital Group Inc), Agreement and Plan of Reorganization (SFSB Holding Co)

Deposit Insurance. The deposits of Customers Bank are insured by the FDIC in accordance with The Federal Deposit Insurance Act ("FDIA"), and Customers Bank has paid all assessments and filed all reports required by the FDIA.

Appears in 2 contracts

Samples: Merger Agreement (CMS Bancorp, Inc.), Merger Agreement (Customers Bancorp, Inc.)

Deposit Insurance. The deposits of Bank are insured by the FDIC Federal Deposit Insurance Corporation ("FDIC") in accordance with The the Federal Deposit Insurance Act ("FDIA")Act, and Bank has paid all premiums and assessments and filed all reports required by the FDIAwith respect to such deposit insurance.

Appears in 2 contracts

Samples: Merger Agreement (First Merchants Corp), Merger Agreement (First Merchants Corp)

Deposit Insurance. The deposits of the Bank are insured by the FDIC in accordance with The the Federal Deposit Insurance Act of 1933, as amended ("FDIA"), and Bank has paid all assessments and filed all reports required by the FDIA.

Appears in 1 contract

Samples: Merger Agreement (Quantum FinTech Acquisition Corp)

Deposit Insurance. The deposits of National Bank are insured by the FDIC in accordance with The Federal Deposit Insurance Act ("FDIA"), and National Bank has paid all assessments and filed all reports required by the FDIA.

Appears in 1 contract

Samples: Merger Agreement (First Citizens Banc Corp /Oh)

Deposit Insurance. The deposits of Mercantile Bank are insured by the FDIC in accordance with The Federal Deposit Insurance Act ("FDIA"), and Mercantile Bank has paid all assessments and filed all reports required by the FDIA.

Appears in 1 contract

Samples: Merger Agreement (Peoples Community Bancorp Inc /Md/)

Deposit Insurance. The deposits deposit accounts of the Bank are insured by the FDIC Bank Insurance Fund in accordance with The the provisions of the Federal Deposit Insurance Act (the "FDIA"), and ; the Bank has paid all regular premiums and special assessments and filed all reports required by under the FDIA.

Appears in 1 contract

Samples: Merger Agreement (Southtrust Corp)

Deposit Insurance. The deposits of Bank the Company are insured by the FDIC in accordance with The Federal Deposit Insurance Act ("FDIA"), and Bank the Company has paid all assessments and filed all reports required by the FDIA.

Appears in 1 contract

Samples: Merger Agreement (First Federal Bancshares of Arkansas Inc)

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Deposit Insurance. The deposits of the Bank are insured by the FDIC in accordance with The the Federal Deposit Insurance Act ("FDIA")”) to the full extent permitted by Law, and the Bank has paid all premiums and assessments and filed all reports required by the FDIA.the

Appears in 1 contract

Samples: Stock Purchase Agreement (Beneficial Bancorp Inc.)

Deposit Insurance. The deposits of Bank are insured by the FDIC in accordance with The Federal Deposit Insurance Act ("FDIA"), and Bank has paid all assessments and filed all reports required by the FDIAFDIA and under the National Housing Act prior to the enactment of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989.

Appears in 1 contract

Samples: Merger Agreement (First Citizens Banc Corp /Oh)

Deposit Insurance. The deposits deposit accounts of Bank BANK are insured by the FDIC in accordance with The the provisions of the Federal Deposit Insurance Act ("FDIA"the “Act”), and Bank . BANK has paid all regular premiums and special assessments and filed all reports required by under the FDIAAct.

Appears in 1 contract

Samples: Merger Agreement (Tib Financial Corp.)

Deposit Insurance. The deposits of Bank are insured by the FDIC in accordance with The Federal Deposit Insurance Act ("the FDIA"), and Bank has paid all assessments and filed all reports required by the FDIA.

Appears in 1 contract

Samples: Merger Agreement (Coastal Financial Corp /De)

Deposit Insurance. The deposits of the Bank are insured by the FDIC in accordance with The Federal Deposit Insurance Act ("FDIA"), and each Bank has paid all assessments and filed all reports required by the FDIA.

Appears in 1 contract

Samples: Merger Agreement (Metrocorp Inc)

Deposit Insurance. The deposits deposit accounts of Bank are insured by the FDIC in accordance with The the provisions of the Federal Deposit Insurance Act ("FDIA"the “Act”), and . Bank has paid all regular premiums and special assessments and filed all reports required by under the FDIAAct.

Appears in 1 contract

Samples: Transaction Agreement (Protective Life Corp)

Deposit Insurance. The deposits of the Purchaser Bank are insured by the FDIC in accordance with The Federal Deposit Insurance Act ("the FDIA"), and the Purchaser Bank has paid all assessments and filed all reports required by the FDIA.

Appears in 1 contract

Samples: Merger Agreement (First Financial Bancorp /Oh/)

Deposit Insurance. The deposits of the Purchaser Bank are insured by the FDIC in accordance with The Federal Deposit Insurance Act ("FDIA"), and the Purchaser Bank has paid all assessments and filed all reports required by the FDIA.

Appears in 1 contract

Samples: Merger Agreement (S&t Bancorp Inc)

Deposit Insurance. The Bank's deposits of Bank are insured by the FDIC in accordance with The the Federal Deposit Insurance Act ("FDIA"), and Bank it has paid all assessments and filed all reports required by the FDIA.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Life Financial Corp)

Deposit Insurance. The deposits of Bank are insured by the FDIC in accordance with The Federal Deposit Insurance Act ("FDIA"), and Bank has paid all assessments and filed all reports required by the FDIAFDIA and under the National Housing Act prior to the enactment of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989.

Appears in 1 contract

Samples: Merger Agreement (First Citizens Banc Corp /Oh)

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