Depository institutions definition

Depository institutions means state or national banks, state or federal savings banks, state or federal savings and loan associations, or state or federal credit unions.
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Depository institutions. The state or federally chartered depository institutions for which the Mortgage Loan Seller is acting as receiver, which are identified in Exhibit H. -------
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Depository institutions means Bank One Texas, Broadway National Bank, Compass Bank, First Interstate Bank/Wells Fargo Ban▇, ▇▇arantee Federal Bank, IBC, Texas Commerce Bank and USAA Federal Savings Bank.
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Examples of Depository institutions in a sentence

  • The parties to this escrow acknowledge that the maintenance of such escrow accounts with some Depository institutions may result in Escrow Agent being provided with an array of bank services, accommodations or other benefits by the Depository institution.

  • The parties to this escrow acknowledge that the maintenance of such escrow accounts with some Depository institutions may result in Chicago Title being provided with an array of bank services, accommodations or other benefits by the Depository institution.

Related to Depository institutions

  • 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.

  • Central Depository means Centrálny depozitár cenných papierov SR, a.s., with its registered seat at ul. 29. augusta 1/A, Bratislava 814 80, Slovak Republic, registered in the Commercial Register maintained by the District Court Bratislava I, Section: Sa, Insert No.: 493/B;

  • Depository Bank means the Institution that issues a specific Depositary Receipt on behalf of the underlying company. The Depository Bank maintains a holding of Stock in the Underlying on which it is able to issue Depositary Receipts;