Insured Deposits definition

Insured Deposits means the net amount due to any depositor with respect to its Deposits as determined by the Receiver or the Corporation pursuant to 12 U.S.C. Section 1813(m), and applicable regulations at 12 C.F.R. Part 330.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Insured Deposits means those deposits separately insured as islamic deposits or conventional deposits pursuant to section 49;

Insured Deposits means the net amount due to any depositor with respect to its Deposits as determined by the Receiver

Examples of Insured Deposits in a sentence

• This website has many helpful tools including a brochure titled “Your Insured Deposits – FDIC’s Guide to Deposit Insurance Coverage”, and an online Electronic Deposit Insurance Estimator.

• In the event your Program account holds a cash balance in excess of the maximum deposit amounts, a separate overflow bank sweep product – the Liquid Insured Deposits product (“LIDs”) – will be used for such excess amounts.

• Balances in the Dreyfus Insured Deposits M bank sweep product are eligible for FDIC insurance coverage through the IDIs. The sweep feature also automatically transfers back from your sweep positions at the IDIs to cover any debits in your brokerage account, to the extent you have a balance in the sweep product sufficient to cover the debit balance.

• The Bank Insured Deposit is a program administered by ▇▇▇▇▇ & ▇▇▇▇ Insured Deposits (“RTIDs”), which involves a series of FDIC-insured bank accounts maintained at various participant banks, including Southwest Securities FSB, Dallas, Texas, an affiliate of SWST.

• You can learn more about FDIC deposit insurance coverage by reading your Insured Deposits: FDIC’s Guide to Deposit Insurance Coverage, which is available ▇▇▇.▇▇▇▇.▇▇▇/▇▇▇▇▇▇▇/▇▇▇▇▇▇▇▇/▇▇▇▇▇▇▇/▇▇▇▇▇.▇▇▇▇.

• Should you elect to opt out of having your free credit balances swept into the ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Insured Deposits M bank sweep product, you understand, acknowledge, and agree that such free credit balances will remain in your account as uninvested cash and will not earn interest or be eligible for FDIC insurance but will remain eligible for SIPC coverage if maintained for the purpose of purchasing securities.

• For details, please refer to the Your Insured Deposits brochure published by the FDIC or visit the FDIC website at ▇▇▇.▇▇▇▇.▇▇▇.

• SIPA Does Not Protect Government Securities Broker or Dealer Counterparty ........................................................................................................112 34.3. Transaction Funds Are Not Insured Deposits ......................................................112 SECTION 35.

• Unless you specifically elect otherwise in the Lifetime Investment Program New Account Application, free credit balances (i.e., uninvested cash) in your brokerage account will be automatically transferred (i.e., swept) into the Dreyfus Insured Deposits M bank sweep product.

• Automatic Sweep Investment options include money market funds managed by RBC Global Asset Management (U.S.) Inc., an affiliate of RBC CM, certain Federated money market funds, RBC Insured Deposits and RBC CM’s Credit Interest Program (“CIP”).

More Definitions of Insured Deposits

Insured Deposits means all eligible deposits; provided however, that the maximum amount of compensation payable to a depositor shall be limited to the amount specified in Regulation 9.9, above.

Insured Deposits means those deposits separately insured as Islamic deposits or conventional deposits under section 42;