Brokered deposit shall have the meaning set forth in 12 C.F.R. § 337.6(a)(2). The limitation of this paragraph shall include the acquisition of Brokered Deposits through any transfer, purchase, or sale of assets, including Federal funds transactions.
Brokered deposit means any deposit that is obtained, directly or indirectly, from or through the mediation or as- sistance of a deposit broker.
Brokered deposit means “brokered deposit” as defined in 12 C.F.R. 337.6(a)(2).
Examples of Brokered deposit in a sentence
Brokered deposit accounts are accounts for which the “depositor of record” is an agent, nominee, or custodian who deposits funds for a principal or principals to whom “pass-through” deposit insurance coverage may be extended.
Brokered deposit accounts are accounts for which the “depositor of record” is an agent, nominee or custodian who deposits funds for a principal or principals to whom “pass-through” deposit insurance coverage may be extended.
However, no fees will be payable to the arbitrator if he is a SBIIMS Officer.It is also aterm of the contractthat the Arbitrator shall be deemed to have entered onthereferenceonthedateheissuesnoticetoboththepartiescallingthemtosubmittheir statement ofclaims and ounter statement of claims.
For those ap- plications that are not processed pur- suant to the expedited procedures, the FDIC will provide the applicant with written notification of the final action when the decision is rendered.§ 303.243 Brokered deposit waivers.(a) Scope.
For thoseapplications that are not processed pursuant to the expedited procedures, the FDIC will provide the applicant with written notification of the final action when the decision is rendered.§ 303.243 Brokered deposit waivers.(a) Scope.
More Definitions of Brokered deposit
Brokered deposit means any deposit held at a bank holding company that is obtained, directly or indirectly, from or through the mediation or assistance of a deposit broker as that term is defined in section 29 of the Federal Deposit Insurance Act (12U.S.C. 1831f(g)), and includes a reciprocal brokered deposit and a brokered sweep deposit.
Brokered deposit means any deposit held at the national bank or Federal savings association that is obtained, directly or indirectly, from or through the mediation or assistance of a de- posit broker as that term is defined in section 29 of the Federal Deposit Insur- ance Act (12 U.S.C. 1831f(g)) and the Federal Deposit Insurance Corpora- tion’s regulations. Brokered reciprocal deposit means a brokered deposit that a national bank or Federal savings association receives
Brokered deposit means a deposit, obtained, directly or indirectly, by or through any deposit broker as defined in Section 29(f) of the Federal Deposit Insurance Act, 12 U.S.C. 1831(f) and the corresponding federal regulations, without regard to whether or not the depository institution in which such funds are deposited is not well capitalized for purposes of that section.
Brokered deposit means “brokered deposit” as defined in 12 C.F.R. 337.6(a)(2) but shall exclude ‘CDARS’® deposits which are reciprocal and ICS™ program Deposits.
Brokered deposit shall have the meaning set forth in 12 C.F.R. § 337.6(a)(2).
Brokered deposit means a deposit, obtained, directly or indirectly, by or through any deposit broker as defined in Section 29(f) of the Federal Deposit Insurance Act, 12 U.S.C. '1831(f) and the corresponding federal regulations, without regard to whether or not the depository institution in which such funds are deposited is not well capitalized for purposes of that section. "Business Day" means any Monday, Tuesday, Wednesday, Thursday, or Friday that is not a Federal or State holiday generally recognized by banks in the State of South Carolina. "Cash Items" means all cash items, suspense items and items in process of collection, that are related to the Branch Deposits and Branch Loans and (i) which, on the Closing Date, have not been outstanding and uncollected for a period in excess of 30 days, or (ii) which otherwise are acceptable to Purchaser. "Closing" and "Closing Date" shall have the meanings assigned to them in Section 4.1 of the Agreement. "Closing Payment" shall have the meaning set forth in Section 3.2. "Demand Deposits" means individual, partnership, corporate and any other negotiable deposits, including, without limitation, NOW accounts. "Deposit" shall have the meaning set forth in Section 3(1) of the Federal Deposit Insurance Act, 12 U.S.C. '1813(l), including, without limitation, individual retirement accounts ("XXX") and cash management accounts. "Depository Institution" means any bank or savings association as those terms are defined in Section 3(c) of the Federal Deposit Insurance Act, 12 U.S.C. '1813(c), and any credit union. "Effective Time" means the 12:01 a.m. on the Closing Date. "Employees" means the employees assigned to the Branch Office from the date of the Agreement through Closing. "Equipment Leases" shall have the meaning set forth in Section 2.1(g). "ERISA" means the Employee Retirement Income Security Act of 1974, as amended. "Excluded Assets" shall have the meaning set forth in Section 2.2. "Excluded Deposits" means (i) Brokered Deposits, (ii) deposits which are the subject of attachment, garnishment or other legal process, (iii) such other Deposits as are described on Schedule 2.4(a) hereto, and (iv) related Accrued Interest Payable on such Excluded Deposits. "FDIC" means the Federal Deposit Insurance Corporation. "Federal Funds Rate" shall be the weighted daily mean of the high and low rates quoted for Federal Funds in the Money Rates Column of The Wall Street Journal, or if not reported for such day, the average of such quotations for t...
Brokered deposit means any deposit held at the national bank or Federal savings association that is obtained, directly or indirectly, from or through the mediation or assistance of a de- posit broker as that term is defined in section 29 of the Federal Deposit Insur- ance Act (12 U.S.C. 1831f(g)), and in- cludes a reciprocal brokered deposit and a brokered sweep deposit. Brokered sweep deposit means a de- posit held at the national bank or Fed- eral savings association by a customer or counterparty through a contractual feature that automatically transfers to the national bank or Federal savings association from another regulated fi- nancial company at the close of each business day amounts identified under the agreement governing the account from which the amount is being trans- ferred.