Well Capitalized. As of the Effective Date and during the term of this Agreement, Bank is designated “Well Capitalized” under the Prompt Corrective Action provisions of the Federal Deposit Insurance Act and all regulations and guidelines with respect thereto.
Appears in 4 contracts
Samples: Deposit Processing Services Agreement (BM Technologies, Inc.), Deposit Processing Services Agreement (Higher One Holdings, Inc.), Deposit Processing Services Agreement (Higher One Holdings, Inc.)
Well Capitalized. As of the Effective Date and during the term of this Agreement, Bank is designated “"Well Capitalized” " under the Prompt Corrective Action provisions of the Federal Deposit Insurance Act and all regulations and guidelines with respect thereto.
Appears in 2 contracts
Samples: Deposit Processing Services Agreement (BM Technologies, Inc.), Deposit Processing Services Agreement (Higher One Holdings, Inc.)
Well Capitalized. As of the Effective Date and during the term of this Agreement, Bank is designated “"Well Capitalized” " under the Prompt Corrective Action provisions of the Federal Deposit Insurance Act and all regulations and guidelines with respect thereto.. 4.10
Appears in 1 contract
Samples: Deposit Processing Services Agreement (Customers Bancorp, Inc.)
