Common use of FDIC INSURED DEPOSIT PROGRAM Clause in Contracts

FDIC INSURED DEPOSIT PROGRAM. Upon establishment of your new account, and all subsequent account(s) opened for you by Xxxxxxxx, free credit balances in (i) all retail brokerage accounts, and (ii) Individual Retirement Accounts (IRAs) held with Pershing, will be automatically swept into the FDIC Insured Deposit Program (via a “deposit account”). By executing the Client Signature Page of the Customer Agreement, you appoint Xxxxxxxx’ clearing firm, Pershing, as your authorized agent to establish and maintain on your behalf a deposit account with one or more banks participating in the program (“Program Banks”), which are all FDIC insured depository institutions. To view a list of Program Banks and current program interest rates, please visit the Woodbury website, at xxx.xxxxxxxxxxxxxxxxx.xxx – Click on “Disclosures” and then one of the three categories offered in the FDIC Insured Deposit Program, as described below. You may also contact your Financial Professional, or contact Xxxxxxxx, at (800) 800‐2638 to obtain this information.

Appears in 1 contract

Samples: Customer Agreement

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FDIC INSURED DEPOSIT PROGRAM. Upon establishment of your new account, and all subsequent account(s) opened for you by XxxxxxxxRoyal Alliance, free credit balances in (i) all retail brokerage accounts, and (ii) Individual Retirement Accounts (IRAs) held with PershingPershing or SunAmerica Trust Company (“STC”), will be automatically swept into the FDIC Insured Deposit Program (via a “deposit account”). By executing the Client Signature Page of the Customer Agreement, you appoint Xxxxxxxx’ Royal Alliance’s clearing firm, Pershing, as your authorized agent to establish and maintain on your behalf a deposit account with one or more banks participating in the program (“Program Banks”), which are all FDIC insured depository institutions. To view a list of Program Banks and current program interest rates, please visit the Woodbury Royal Alliance website, at xxx.xxxxxxxxxxxxxxxxx.xxx xxx.xxxxxxxxxxxxx.xxx – Click on “Disclosures” and then one of the three categories offered in the FDIC Insured Deposit Program, as described below. You may also contact your Financial ProfessionalAdvisor, or contact XxxxxxxxRoyal Alliance, at (800000) 800‐2638 000-0000 to obtain this information.

Appears in 1 contract

Samples: Customer Agreement

FDIC INSURED DEPOSIT PROGRAM. Upon establishment of your new account, and all subsequent account(s) opened for you by XxxxxxxxWoodbury Financial, free credit balances in (i) all retail brokerage accounts, and (ii) Individual Retirement Accounts (IRAs) held with Pershing, will be automatically swept into the FDIC Insured Deposit Program (via a “deposit account”). By executing the Client Signature Page of the Customer Agreement, you appoint Xxxxxxxx’ Woodbury Financial’s clearing firm, Pershing, as your authorized agent to establish and maintain on your behalf a deposit account with one or more banks participating in the program (“Program Banks”), which are all FDIC insured depository institutions. To view a list of Program Banks and current program interest rates, please visit the Woodbury Financial website, at xxx.xxxxxxxxxxxxxxxxx.xxx xxx.xxxxxxxxxxxx.xxx – Click on “Disclosures” and then one of the three categories offered in the FDIC Insured Deposit Program, as described below. You may also contact your Financial ProfessionalAdvisor, or contact XxxxxxxxWoodbury Financial, at (800000) 800‐2638 000-0000 to obtain this information.

Appears in 1 contract

Samples: Customer Agreement

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FDIC INSURED DEPOSIT PROGRAM. Upon establishment of your new account, and all subsequent account(s) opened for you by XxxxxxxxRoyal Alliance, free credit balances in (i) all retail brokerage accounts, and (ii) Individual Retirement Accounts (IRAs) held with PershingNational Financial Services (NFS), will be automatically swept into the FDIC Insured Deposit Program (via a “deposit account”). By executing the Client Signature Page of the Customer Agreement, you appoint Xxxxxxxx’ Royal Alliance’s clearing firm, PershingNFS, as your authorized agent to establish and maintain on your behalf a deposit account with one or more banks participating in the program (“Program Banks”), which are all FDIC insured depository institutions. To view a list of Program Banks and current program interest rates, please visit the Woodbury Royal Alliance website, at xxx.xxxxxxxxxxxxxxxxx.xxx xxx.xxxxxxxxxxxxx.xxx – Click on “Disclosures” and then one of the three categories offered in the FDIC Insured Deposit Program, as described below. You may also contact your Financial Professional, or contact XxxxxxxxRoyal Alliance, at (800) 800‐2638 552−3319 to obtain this information.

Appears in 1 contract

Samples: Customer Agreement

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