Insured Credit Union definition

Insured Credit Union means any credit union, the member accounts of which are insured by the National Credit Union Share Insurance Fund by the National Credit Union Administra- tion pursuant to authority granted in 12 U.S.C. 1783 et seq.;
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Insured Credit Union means any credit union, the member accounts of which are insured by the National Credit Union Share Insurance Fund;
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Insured Credit Union means any credit union, the member accounts of which are insured by the National Credit Union Share Insurance Fund. Insured Depository Institution shall mean any bank or thrift, the deposits of which are insured by the Federal Deposit Insurance Corporation. Investment Area shall mean the geographic area meeting the requirements set forth in 12 C.F.R.
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Examples of Insured Credit Union in a sentence

  • In addition to meeting the requirements of Section 5.7 (a) and (b) herein, as applicable, the Recipient shall do all things necessary to preserve, renew and keep in full force and effect its status as an Insured Credit Union, Insured Depository Institution, Depository Institution Holding Company or State-Insured Credit Union, as applicable.

  • In addition to meeting the requirements of Section 5.7(a) herein, as applicable, the Recipient shall do all things necessary to preserve, renew and keep in full force and effect its status as an Insured Credit Union, Insured Depository Institution, Depository Institution Holding Company or State-Insured Credit Union, as applicable.

  • Many believe that the current mix of 89% residential and 11% commercial taxable properties is not remedied by the amount of residential proposed in the Draft Plan and that increasing the amount of commercial development is preferred.

  • Insured Credit Union, Depository Institution Holding Company or Insured Depository Institution.

  • In the case of CDFI Intermediaries, Financial Products may also include loans to CDFIs and/or Emerging CDFIs, and deposits in Insured Credit Union CDFIs, Emerging Insured Credit Union CDFIs, and/or State-Insured Credit Union CDFIs. For HFFI-FA, however, the purchase of loans originated by Certified CDFIs, loan refinancing, or any type of financing for prepared food outlets are not eligible activities.Allii.

  • The Regulations allow an Insured Credit Union to use retained earnings to serve as matching funds for a FA award in an amount equal to: (i) the increase in retained earnings that has occurred over the Applicant’s most recent fiscal year; (ii) the annual average of such increases that has occurred over the Applicant’s three most recent fiscal years; or (iii) the entire retained earnings that have been accumulated since the inception of the Applicant, as provided in the Regulations.

  • The Regulations allow an Insured Credit Union to use retained earnings to serve as matching funds for a FA award.

  • If a CDFI that qualifies as a Depository Institution Holding Company (DIHC), an Insured Depository Institution (IDI), an Insured Credit Union or a State-Insured Credit Union or is a bank/thrift, has opted to include Financial Services to demonstrate that it meets the Target Market requirements, the CDFI must direct at least 60% of the number and at least 50% of the dollar volume of its newly closed Financial Product transactions to the approved Target Market.

  • Insured Credit Union to use retained earnings to serve as matching funds for a FA grant in an amount equal to: (i) The increase in retained earnings that has occurred over the Applicant’s most recent fiscal year; (ii) the annual average of such increases that has occurred over the Applicant’s three most recent fiscal years; or (iii) the entire retained earnings that have been accumulated since the inception of the Applicant, as provided in the Regulations.

  • The Regulations allow an Insured Credit Union to use retained earnings to serve as matching funds for an FA award in an amount equal to: (i) the increase in retained earnings that has occurred over the Applicant’s most recent fiscal year; (ii) the annual average of such increases that has occurred over the Applicant’s three most recent fiscal years; or (iii) the entire retained earnings that have been accumulated since the inception of the Applicant, as provided in the Regulations.


More Definitions of Insured Credit Union

Insured Credit Union means an insured credit union as defined in section 101 of the Federal Credit Union Act (12 U.S.C. 1752).
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Insured Credit Union means any credit union, the member accounts of which are insured by the National Credit Union Share Insurance Fund. Insured Depository Institution shall mean any bank or thrift, the deposits of which are insured by the Federal Deposit Insurance Corporation. Investment Area shall mean the geographic area meeting the requirements set forth in 12 C.F.R. Lead Certified CDFI shall mean the designated lead Certified CDFI in the SDL Program Application for an Applicant that applied as a Partnership and is the entity solely responsible for carrying out the activities described in its Application and complying with the terms and conditions of this Agreement.
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Insured Credit Union means any credit union, the member accounts of which are insured by the NationalCredit Union Share Insurance Fund; (aa) Insured Depository Institutionmeans any bank or thrift, the deposits of which are insured by the FederalDeposit Insurance Corporation; (bb) Investment Area means ageographic area meeting therequirements of § 1805.201(b)(3);(cc) Low-Inco me means an income, adjusted for family size, of not morethan:
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Insured Credit Union as used in this Part means a credit union insured
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Related to Insured Credit Union

  • Credit Union means the registered society.

  • Federal credit union means a credit union chartered under the Federal Credit Union Act.

  • Limited line credit insurance producer means a person who sells, solicits, or negotiates one or more forms of limited line credit insurance coverage to an individual through a master, corporate, group, or individual policy.

  • Regulated Insurance Company means any Subsidiary of the Borrower, whether now owned or hereafter acquired, that is authorized or admitted to carry on or transact Insurance Business in any jurisdiction and is regulated by any Applicable Insurance Regulatory Authority.

  • Credit union service organization means an organization, corporation, or association whose membership or ownership is primarily confined or restricted to credit unions or organizations of credit unions and whose purpose is primarily designed to provide services to credit unions, organizations of credit unions, or credit union members.

  • Credit insurance means insurance offered in connection with an extension of credit that is limited to partially or wholly extinguishing that credit obligation.

  • Renewable Energy Credit has the meaning set forth in California Public Utilities Code Section 399.12(h) and CPUC Decision 00-00-000, as may be amended from time to time or as further defined or supplemented by Law.

  • credit institution means a credit institution as defined in point (1) of Article 4(1) of Regulation (EU) No 575/2013;

  • Maritime agency services means activities consisting in representing, within a given geographic area, as an agent the business interests of one or more shipping lines or shipping companies, for the following purposes:

  • National Credit Act means the National Credit Act, 2005 (Act No. 34 of 2005);

  • Regulated Bank means an Approved Commercial Bank that is (i) a U.S. depository institution the deposits of which are insured by the Federal Deposit Insurance Corporation; (ii) a corporation organized under section 25A of the U.S. Federal Reserve Act of 1913; (iii) a branch, agency or commercial lending company of a foreign bank operating pursuant to approval by and under the supervision of the Board of Governors under 12 CFR part 211; (iv) a non-U.S. branch of a foreign bank managed and controlled by a U.S. branch referred to in clause (iii); or (v) any other U.S. or non-U.S. depository institution or any branch, agency or similar office thereof supervised by a bank regulatory authority in any jurisdiction.

  • Account Administrator means the person(s) who have been granted authority by Customer to set up, amend, or otherwise control settings and/or make additional purchases for the Account via the Administrative Portal. Account Administrators may have varying levels of Account rights, skills, or permissions.

  • Settlement Administrator means the third party settlement administrator proposed by the Parties, as approved by the Court.

  • Bank Credit Agreement means the Credit Agreement dated as of May 9, 2005 by and among the Company, certain Subsidiaries of the Company named therein, the Administrative Agent, and the Bank Lenders and other financial institutions party thereto, as amended, restated, joined, supplemented or otherwise modified from time to time, and any renewals, extensions or replacements thereof, which constitute the primary bank credit facility of the Company and its Subsidiaries.

  • Organ procurement organization means a person designated by the Secretary of the United States Department of Health and Human Services as an organ procurement organization.

  • Appraisal management services means one or more of the following:

  • Investment Management Services means any services which involve: (i) the management of an investment account or Fund (or portions thereof or a group of investment accounts or Funds); (ii) the giving of advice with respect to the investment and/or reinvestment of assets or funds (or any group of assets or funds); or (iii) otherwise acting as an “investment adviser” within the meaning of the Investment Advisers Act of 1940, as amended, including, without limitation, in each of the foregoing cases, performing activities related or incidental thereto.

  • Relevant Institution means a person that has permission under Part 4A of the Financial Services and Markets Act 2000 (permission to carry on regulated activity).

  • Public Finance Management Act ’ means the Public Finance Management Act, 1999 (Act No. 1 of 1999);

  • Disaster Management Act means the Disaster Management Act, 2002 (Act No.57 of 2002)

  • Environmental Management Plan or “EMP” means the environmental management plan for the Project, including any update thereto, incorporated in the IEE;

  • Essential community provider or “ECP” means a provider that:

  • Self-administration means carrying and taking medication without the intervention of the school nurse, approved through the school district policy and restricted to students with asthma, other potentially life-threatening illnesses or life-threatening allergic reaction.

  • Health and Human Services Commission or “HHSC” means the administrative agency established under Chapter 531, Texas Government Code, or its designee.

  • Swap Administration Agreement As defined in Section 4.08(b).

  • Eligible lending institution means a financial