Deposit Taking and Other Bank Activities. In the case of Anchor Bank (i) voluntarily make any material changes in or to its deposit mix; (ii) increase or decrease the rate of interest paid on time deposits or on certificates of deposit, except in a manner and pursuant to policies consistent with past practice and competitive factors in the marketplace; (iii) incur any liability or obligation relating to retail banking and branch merchandising, marketing and advertising activities and initiatives except in the ordinary course of business consistent with past practice; (iv) open any new branch or deposit taking facility; or (v) close or relocate any existing branch or other facility.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Anchor Bancorp), Agreement and Plan of Merger (Washington Federal Inc), Agreement and Plan of Merger (Anchor Bancorp)
Deposit Taking and Other Bank Activities. In the case of Anchor Seller Bank (i) voluntarily make any material changes in or to its deposit mix; (ii) increase or decrease the rate of interest paid on time deposits or on certificates of deposit, except in a manner and pursuant to policies consistent with past practice and competitive factors in the marketplace; (iii) incur any liability or obligation relating to retail banking and branch merchandising, marketing and advertising activities and initiatives except in the ordinary course of business consistent with past practice; (iv) open any new branch or deposit taking facility; or (v) close or relocate any existing branch or other facility.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Southern Missouri Bancorp Inc), Agreement and Plan of Merger (North Bancshares Inc)
