Depository financial institution definition

Depository financial institution means a bank, savings and loan association, savings bank, or credit union organized under the laws of this state, another state, the District of Columbia, the United States, or a territory or protectorate of the United States, whose deposits are insured by an agency of the federal government.
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Depository financial institution means a state or nationally chartered bank, a state or federally chartered savings and loan association, savings bank, or credit union, or an entity of the federally chartered farm credit system.
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Depository financial institution means a state or nationally chartered bank, state or federal chartered savings and loan association, savings bank, or credit union, or any other institution whose deposits are insured by an agency of the federal government.
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Examples of Depository financial institution in a sentence

  • All funds held by the bankruptcy estate must be deposited into an account with an Approved Depository financial institution that agrees to comply with the requirements of the United States Trustee and is so designated by the United States Trustee.

  • See General Information for an explanation of the term “transaction account.” Item 50 -- Depository financial institution IBAN (International Bank Account Number, if foreign).

  • No additional setup fees or software fees will be charged if the Depository financial institution is merged or is acquired by another financial institution.

  • Depository financial institution a new authorization agreement must provide that my authorized direct deposit credit.

  • Depository financial institution is defined as any financial institution which accepts deposits and which can insure such deposits through an agency of the Federal government.

  • Bidder must be a financial institution qualified by the laws of the State of Texas for public funds depositories to serve as the City's Depository financial institution.

  • Depository financial institution of Islamic Republic of Pakistan (SBP) report recorded 23.3 percent year on year enlargement in deposits of Islamic industry to RS.1, 070 trillion in 2014.

  • Depository financial institution to afford company deposits to federal tax deductions, zip code bank routing number: written debit my not apply for.

  • Primary account number 50 Depository financial institution IBAN (If foreign)51 Address52 City53 State54 ZIP/Postal Code55 Country code Part VI U.S. Location of Supporting Documentation/Address of Agent for Service of ProcessIf the supporting documentation is kept at the U.S. location reported in Part II check here and continue to Part VII.

  • Depository financial institution to obtain proper office will typically follow the checklist items on it can be mailed to attach a quarterly basis.


More Definitions of Depository financial institution

Depository financial institution means a bank or a savings and loan association.
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Depository financial institution means a bank, savings association, or credit unionthat:
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Depository financial institution means that term as
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Related to Depository financial institution

  • EEA Financial Institution means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Financial institution means a Bank, Development Finance Institution, Non Banking Finance Company, Modaraba or an institution registered under relevant laws to provide financial services within or outside Pakistan.

  • Depository Institution Any depository institution or trust company, including the Trustee, that (a) is incorporated under the laws of the United States of America or any State thereof, (b) is subject to supervision and examination by federal or state banking authorities and (c) has outstanding unsecured commercial paper or other short-term unsecured debt obligations that are rated P-1 by Moody's, F1+ by Fitch and A-1 by Standard & Poor's.

  • Eligible Institution Any of the following:

  • Affected Financial Institution means (a) any EEA Financial Institution or (b) any UK Financial Institution.