Retail Banking Sample Clauses
The 'Retail Banking' clause defines the terms and conditions governing the provision of banking services to individual consumers, such as checking and savings accounts, personal loans, and debit cards. It typically outlines the rights and responsibilities of both the bank and the customer, including account management, transaction processing, and applicable fees. By clearly establishing the framework for these everyday banking interactions, this clause ensures transparency and sets expectations, thereby reducing misunderstandings and disputes between the bank and its retail customers.
Retail Banking. The principal retail banking business comprises retail residential mortgages, credit cards, personal loans and overdrafts, deposit-taking and wealth management.
Retail Banking. (a) The Lessee shall select and thereafter enter into an agreement or agreement with a qualified retail banking operator or operators (which Person or entity is sometimes hereinafter referred to as the “Retail Bank Operator”) providing for such Retail Bank Operator to operate a service, within Concession Areas, performing one or more of the following functions as agreed between them: the maintaining of accounts, receipt and/or disbursement of funds and including automatic teller machine service and foreign currency exchange (hereinafter called the “Retail Banking Service”), subject in all respects to Section 73 hereof including, but not limited to, the requirement to obtain a permit from the Port Authority authorizing such Retail Bank Operator to operate a Retail Banking Service.
(b) The Lessee agrees that it shall furnish to the Retail Bank Operator sufficient and suitable space for conducting and carrying on its aforesaid operation.
(c) The agreement between the Lessee and the Retail Bank Operator shall provide that the Retail Bank Operator shall pay a basic fixed fee or rental to the Port Authority, which provision also shall be incorporated in any permit to be issued by the Port Authority hereunder. The amount payable by the Retail Bank Operator to the Port Authority shall be as may be agreed upon between the Port Authority and the Lessee. It is hereby understood and agreed that 50% of such fixed fee payable by the Retail Bank Operator and actually collected by the Port Authority therefrom shall be remitted by the Port Authority to the Lessee with the Port Authority retaining the balance. The rental and fees payable hereunder shall be paid in the manner, under the conditions, and at the times provided in Section 82 hereof. Any agreement with the Retail Bank Operator and any permit to be issued by the Port Authority shall have provisions covering the rental and fees in accordance with this Section and, without limiting the generality of any other provision of this Section, the permit shall control as to the manner, conditions, and terms of payment
(d) There shall be no payments by the Retail Bank Operator to the Lessee for utilities which may be furnished to the Retail Bank Operator by the Lessee.
Retail Banking. We operate a network of seven branch offices located in Dougherty, Lee, Worth and Tattnall counties in Georgia, two branches located in Ocala, Florida, and one branch located in Lake City, Florida. In addition, we have announced expansion plans to add five branches in four additional markets in 2010. Each office is staffed with knowledgeable banking professionals who strive to deliver quality service.
Retail Banking. The Employee shall continue to devote her best efforts and substantially all her business time and attention to the business and affairs of the Bank and its subsidiaries and affiliated companies.
Retail Banking. 250 Section 80. Other Consumer Services..................................... 251
Retail Banking. Umpqua Bank will continue to offer the Columbia Bank Foundation Account, which is Bank On-certified, throughout the new combined bank’s expanded footprint, and will take additional steps to reduce overdraft fees on consumer and small business checking accounts. Umpqua Bank will continue to support initiatives related to decreasing the number of unbanked and underbanked households. Umpqua Bank will share staff contacts with NCRC that NCRC can direct interested members to discuss Umpqua Bank’s activities to close the banking gap in communities of color and low to moderate income communities, and, in particular, how its products and services can serve individuals at or below 30% AMI. Such initiatives could include an expansion in products and services.