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

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

  • 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.

  • Tenant agrees to complete such forms as required by the receiving Depository financial institution.

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

  • 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.


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.

  • UK Financial Institutions 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.

  • International Financial Institution means any bank in the top 1,000 (together with their affiliated companies) as measured by "Tier 1" capital or any broker/dealer in the top 100 as measured by capital.

  • Designated Financial Institution shall have the meaning specified in Section 14.12(a).

  • Eligible Institution Any of the following:

  • Licensed financial institution means a financial institution issued a license under this act.

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

  • banking institution means a bank, bank and trust company, trust company, savings bank, private bank, or a national banking association, organized and doing business under the provisions of any law of this state, or of any other state of the United States, or under the provisions of any law of the United States of America.