Bank depository definition

Bank depository means an insured institution or trust company that:
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Bank depository means a bank or savings and loan
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Bank depository means a bank or savings and loan association that accepts a deposit of funds from the State Treasury;
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Examples of Bank depository in a sentence

  • This program allows local CDCs, non-profits and governmental entities to transfer properties from their inventories to the Atlanta Land Bank where they are held tax-free, and where maintenance costs are less expensive in light of the Atlanta Land Bank’s use of economies of scale.The first organization to utilize the Atlanta Land Bank depository program was Sustainable Neighborhood Development Strategies, Inc.

  • All loan repayments made by the Council after September 30, 2017, will be directed to the Wells Fargo Bank depository account for redistribution to the five member counties represented on the Counties Transit Improvement Board.

  • Although this collapse of banking tax payments proved deeper than that of the corporate totality, it also involved much less money and was accordingly less significant for government finance.

  • Participants maintaining separate Fifth Third Bank depository accounts in their own names are eligible to transfer funds between such accounts and their Michigan CLASS accounts without incurring wire charges, subject to advance notification to Public Trust.Barnes & Thornburg, LLP serves as legal counsel to Michigan CLASS.

  • Client shall utilize a good funds method of settlement which requires Client to deposit a sufficient amount of immediately available funds in the Funding Card Account via transfer from another U.S. Bank depository account or via ACH transfer prior to registering or loading any Card.

  • In one youth record, the program did not notate whether a youth had a past history or current asthma upon entry into the program on the Facility Entry Physical Health Screening; therefore, no alert was entered.

  • Checking, savings, money market, or financial brokerage accountsName of institution (bank or brokerage firm) T ype of account Last 4 digits of account number3.1 Wells Fargo Bank depository 7137 $0.00 4.

  • Bank depository and checking accounts$ 2,512,760Petty Cash450Local Government Investment Pool 157,154 Total cash and cash equivalents$ 2,670,364 As of December 31, 2020, the District’s cash and cash equivalents are as follows: Cash and cash equivalents: Deposits:Custodial credit risk (deposits).

  • LGIPGeneral Fund (warrants)$ 1,452,306 $ 0 $ 1,452,306 (held by Jefferson County)$ 1,308,963 $ 0 $ 1,308,963 Kitsap Bank (depository)$ 97,209 $ 0 $ 97,209 Kitsap Bank (checking)$ 52,000 $ 0 $ 52,000 U.S. Bank (I.D.C. CD)$ 3,656 $ 0 $ 3,656 U.S. Bank (Quilcene checking)$ 1,134 $ 0 $ 1,134 U.S. Bank (I.D.C checking)$ 1,361 $ 0 $ 1,361 Note 3 - Property TaxThe county treasurer acts as an agent to collect property tax levied in the county for all taxing authorities.

  • The Borrower shall maintain with the Bank depository and/or treasury management accounts having a minimum balance of $6,000,000, $1,755,000 of which will be held in a blocked account that is covered by the Escrow Agreement and the Security Agreement.


More Definitions of Bank depository

Bank depository. ] ‘Bank’ means an insured institution or trust
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Bank depository. ] “Bank” means an in- sured institution or trust company. [that:]
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Bank depository means a bank, credit union, or savings and
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Bank depository means an insured institu- tion or trust company that:
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Bank depository. “investment depository”, “securities broker”, and “State Treasury” have the meanings provided in § 19-3-502; and
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Related to Bank depository

  • Depository The Depository Trust Company, or any successor Depository hereafter named. The nominee of the initial Depository for purposes of registering those Certificates that are to be Book-Entry Certificates is Cede & Co. The Depository shall at all times be a "clearing corporation" as defined in Section 8-102(a)(5) of the Uniform Commercial Code of the State of New York and a "clearing agency" registered pursuant to the provisions of Section 17A of the Securities Exchange Act of 1934, as amended.

  • Qualified Depository A depository the accounts of which are insured by the FDIC through the BIF or the SAIF and the debt obligations of which are rated AA or better by Standard & Poor's Corporation.

  • U.S. Depository or “Depository” means, with respect to any Security issuable or issued in the form of one or more global Securities, the Person designated as U.S. Depository or Depository by the Company in or pursuant to this Indenture, which Person must be, to the extent required by applicable law or regulation, a clearing agency registered under the Securities Exchange Act of 1934, as amended, and, if so provided with respect to any Security, any successor to such Person. If at any time there is more than one such Person, “U.S. Depository” or “Depository” shall mean, with respect to any Securities, the qualifying entity which has been appointed with respect to such Securities.

  • Securities Depository means The Depository Trust Company and any other clearing agency registered with the SEC under Section 17A of the Securities Exchange Act of 1934, as amended (the “1934 Act”), which acts as a system for the central handling of Securities where all Securities of any particular class or series of an issuer deposited within the system are treated as fungible and may be transferred or pledged by bookkeeping entry without physical delivery of the Securities.

  • central securities depository means an entity or generally recognised book-entry or other settlement system or clearing house, central clearing counterparty or agency, acting as a local securities depository, central securities depository or international securities depository, the use of which is customary for securities settlement activities in the jurisdiction(s) in which it holds Securities or Cash in connection with this Agreement, and through which the Custodian may transfer, settle, clear, deposit or maintain Securities whether in certificated or uncertificated form and will include any services provided by any network service provider or carriers or settlement banks used by a CSD.

  • Depository Account includes any commercial, checking, savings, time, or thrift account, or an account that is evidenced by a certificate of deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar instrument maintained by a Financial Institution in the ordinary course of a banking or similar business. A Depository Account also includes an amount held by an insurance company pursuant to a guaranteed investment contract or similar agreement to pay or credit interest thereon.

  • Depositary means, with respect to the Notes issuable or issued in whole or in part in global form, the Person specified in Section 2.03 hereof as the Depositary with respect to the Notes, and any and all successors thereto appointed as depositary hereunder and having become such pursuant to the applicable provision of this Indenture.

  • Common Depositary has the meaning specified in Section 304.