PURCHASE AND ASSUMPTION AGREEMENT ALL DEPOSITS AMONG FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER OF NBRS FINANCIAL BANK, RISING SUN, MARYLAND FEDERAL DEPOSIT INSURANCE CORPORATION AND HOWARD BANK DATED AS OF OCTOBER 17, 2014Purchase and Assumption Agreement • October 23rd, 2014 • Howard Bancorp Inc • State commercial banks
THIS AGREEMENT, made and entered into as of the 17th day of October, 2014, by and among the FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER of NBRS FINANCIAL BANK, RISING SUN, MARYLAND, HOWARD BANK, organized under the laws of the State of Maryland, and having its principal place of business in Ellicott City, Maryland (the “Assuming Institution”), and the FEDERAL DEPOSIT INSURANCE CORPORATION, organized under the laws of the United States of America and having its principal office in Washington, D.C., acting in its corporate capacity (the “Corporation”).
