FinWise Bank definition

FinWise Bank means FinWise Bank, a Utah state chartered bank.
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Examples of FinWise Bank in a sentence

  • OppLoans is using FinWise Bank in Utah to launder 160% APR loans in several states where those rates are illegal.

  • The Borrower will use the proceeds from the sale of each Note solely (i) to purchase participation interests in loan and interest receivables (in any non-payday loan product), originated by FinWise Bank, (ii) to fund certain fees and expenses associated with the consummation of the transactions contemplated by this Agreement, and (iii) subject to excess availability under this facility, to transfer funds as permitted under this Agreement.

  • In June 2020, the District of Columbia sued Elevate, with which Republic Bank & Trust and FinWise Bank scheme, for violating its interest rate cap.124 In this section, we focus on the most egregious examples of lenders making loans far in excess of 36%.

  • Opploans’s website makes that distinction clear.56 For example, OppLoans 55 https://www.finwisebank.com/strategic-partnership-products/.originates its loans through FinWise Bank in Oregon, where rates for installment loans are capped at 36%.

  • FinWise Bank, an FDIC-regulated bank, has been expanding its rent-a-bank operations.

  • Landvatter joined FinWise and its wholly-owned Utah state-chartered banking subsidiary, FinWise Bank (the “Bank”), in September 2010 as the President and Chief Executive Officer.

  • He is currently licensed to practice law in Utah and Washington, D.C. CCO/CRO/EVP Over 120 Years of Combined Banking Experience 1 Mr. Landvatter is CEO and President of FinWise Bancorp and CEO of FinWise Bank.

  • The following screenshots come from the bank’s website that now lists these lenders among its Strategic Partnerships:55 Opploans makes loans directly in states where high-cost lending is permitted but uses FinWise Bank in states where they are not.

  • We reserve the right, subject to applicable law, to terminate your account and your right to use the Service at any time and for any reason, including without limitation if we, in our sole judgment, believe you have engaged in conduct or activities that violate any of the Terms or the rights of FinWise Bank and/or our service provider, or if you provide us with false or misleading information or interfere with other users or the administration of the Services.

  • You also understand and agree that we are not responsible for any losses or damages if circumstances beyond our control (such as fire or flood) prevent us from making a Funds Transfer with Customer Assumed Risk or if the FinWise Bank website was not working properly and you knew about the breakdown when you started the funds transfer.

Related to FinWise Bank

  • JPMorgan Chase Bank means JPMorgan Chase Bank, N.A. and its successors.

  • Bank of America means Bank of America, N.A. and its successors.

  • L/C Bank means the Original L/C Bank and any other Lender which has been appointed as an L/C Bank in accordance with Clause 5.11 (Appointment and Change of L/C Bank) and which has not resigned in accordance with paragraph (c) of Clause 5.11 (Appointment and Change of L/C Bank).

  • KeyBank means KeyBank National Association.

  • UBS AG, New York Branch shall have the meaning assigned to such term in the preamble to this Agreement.

  • Wachovia means Wachovia Bank, National Association, a national banking association, and its successors.

  • Bank One means Bank One, NA, a national banking association having its principal office in Chicago, Illinois, in its individual capacity, and its successors.

  • Eye bank means a person that is licensed, accredited, or regulated under federal or state law to engage in the recovery, screening, testing, processing, storage, or distribution of human eyes or portions of human eyes.

  • Foothill means Foothill Capital Corporation, a California corporation.

  • Bank of America Fee Letter means the letter agreement, dated as of August 10, 2012, between the Borrower and the Syndication Agent, as amended, modified, supplemented or restated and in effect from time to time.

  • JPMCB means JPMorgan Chase Bank, N.A.

  • JPMorgan means JPMorgan Chase Bank, N.A.

  • Mizuho means Mizuho Bank, Ltd.

  • PNC Bank means PNC Bank, National Association.

  • JPMorgan Chase means JPMorgan Chase Bank, N.A.

  • GS Bank shall have the meaning assigned to such term in the preamble to this Agreement.

  • Digital Banking (a) means our present and future online banking services which can be accessed through 365 Online, Business Online, Bank of Ireland Mobile Banking, and services available on www.bankofireland.com; and

  • UK Non-Bank Lender means a Lender which gives a Tax Confirmation in the Assignment Agreement or Transfer Certificate which it executes on becoming a Party.

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • Royal Bank means Royal Bank of Canada.

  • Scotiabank means The Bank of Nova Scotia.

  • Wells Fargo Bank Wells Fargo Bank, N.A., or its successor in interexx.

  • NationsBank means NationsBank, N.A. and its successors.

  • SunTrust means SunTrust Bank.

  • CAFA means the Class Action Fairness Act of 2005, 28 U.S.C. §§ 1711–1715.

  • ABN AMRO means ABN AMRO Bank N.V.