Brokered Deposits definition

Brokered Deposits means all Deposits that have been placed through a broker or other intermediary for which HRB Bank has incurred liability for payment of a commission or other remuneration to such broker or intermediary.

Brokered Deposits means (a) “brokered deposits” within the meaning of 12 C.F.R. § 337.6 and (b) deposits that are of the type having risk characteristics similar to “brokered deposits” as contemplated by the Joint Agency Advisory on Brokered and Rate Sensitive Deposits, dated May 11, 2001, of the Board of Governors of the Federal Reserve System, FDIC, Office of the Comptroller of the Currency and OTS.

Brokered Deposits means (a) “brokered deposits” within the meaning of 12 C.F.R. Section 337.6 and (b) deposits that are of the type having risk characteristics similar to “brokered deposits” as contemplated by the Joint Agency Advisory on Brokered and Rate Sensitive Deposits, dated May 11, 2001, of the Board of Governors of the Federal Reserve System, FDIC, the Office of the Comptroller of the Currency and Office of Thrift Supervision.

Examples of Brokered Deposits in a sentence

• Brokered deposits are deposits obtained, directly or indirectly, from or through the mediation or assistance of a deposit broker.

• Module 2 -P&A w/ Loan Pools – P&A [Signature Page Follows] 41 Union Bank Version 1.05 Gilbert, Arizona July 14, 2009 SCHEDULE 2.1 - Certain Liabilities Assumed SCHEDULE 2.1(a) – Excluded Deposit Liability Accounts Union Bank, NA Gilbert, AZ Union Bank has deposits associated with the Depository Organization (DO) Cede & Co as Nominee for DTC, Non-Do Brokered deposits, and Quickrate deposits (together the “Excluded Depository Accounts”).

• Brokered deposits totaled approximately $18,731,000 and $14,125,000 as of December 31, 2016 and 2015, respectively.

• Brokered deposits totaled approximately $35,444 and $37,851 as of December 31, 2016 and 2015, respectively.

More Definitions of Brokered Deposits

Brokered Deposits means deposit account obligations originated by third party financial institutions (not Seller) that are sold by such institutions to brokers who in turn sell such deposit account obligations to third parties (such as Seller).

Brokered Deposits means any deposit as defined as a brokered deposit under Section 29 of the Federal Deposit Insurance Act as implemented by FDIC regulation Section 337.6. Brokered Deposits does not include internet deposits or deposits from deposit originators.

Brokered Deposits means “brokered deposits” within the meaning of 12 C.F.R. 5337.6.

Brokered Deposits has the meaning ascribed to such term in Section 8.1(m).

Brokered Deposits means any brokered deposit as defined in ss. 337.6 of the FDIC Rules and Regulations.

Brokered Deposits 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 fund transactions.

Brokered Deposits means all Deposits that have been placed through a broker or other intermediary for which HRB Bank hasincurred liability for payment of a commission or other remuneration to such broker or intermediary.