Common Contracts

Deposit Placement Agreement

Custodial Agreement • April 27th, 2018

• Contract Type
  Custodial Agreement
• Filed
  April 27th, 2018

(“we” or “us”). This Agreement states the terms and conditions on which we (as your “Relationship Institution”) will endeavor to place funds into deposit accounts at receiving depository institutions (each a “Destination Institution”) from a transaction account with us into which you (the “Depositor”) have deposited funds for such placement (the “Transaction Account”). The Destination Institutions will be depository institutions at which deposit accounts are insured by the Federal Deposit Insurance Corporation (“FDIC”) up to maximum deposit insurance amounts.