Organization and Capitalization; Business. (a) First Federal is a mutual savings and loan association duly organized, validly existing and in good standing under the HOLA. The deposits of First Federal are insured by the SAIF of the FDIC as permitted by federal Law, and First Federal has paid all premiums 39 and assessments required thereunder. First Federal is a member in good standing of the FHLB of Cincinnati.
Appears in 3 contracts
Samples: Agreement of Merger (Kentucky First Federal Bancorp), Agreement of Merger (Frankfort First Bancorp Inc), Agreement of Merger (Frankfort First Bancorp Inc)
Organization and Capitalization; Business. (a) First Federal is a mutual savings and loan association duly organized, validly existing and in good standing under the HOLA. The deposits of First Federal are insured by the SAIF of the FDIC as permitted by federal Law, and First Federal has paid all premiums 39 and assessments required thereunder. First Federal is a member in good standing of the FHLB of Cincinnati.
Appears in 3 contracts
Samples: Agreement of Merger (Frankfort First Bancorp Inc), Agreement of Merger (Frankfort First Bancorp Inc), Agreement of Merger (Kentucky First Federal Bancorp)
Organization and Capitalization; Business. (a) First Federal is a mutual savings and loan association duly organized, validly existing and in good standing under the HOLA. The deposits of First Federal are insured by the SAIF of the FDIC as permitted by federal Law, and First Federal has paid all premiums 39 Table of Contents and assessments required thereunder. First Federal is a member in good standing of the FHLB of Cincinnati.
Appears in 1 contract
Samples: Agreement of Merger (Kentucky First Federal Bancorp)
