State member bank definition

State member bank. ’ means a bank that is chartered by a State and is a member of the Federal Reserve System.
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State member bank means any stale chartered bank that is a member of the Federal Reserve System.
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State member bank. ’ means a
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Examples of State member bank in a sentence

  • The expense of examination of affiliates of any State member bank may, in the discre- tion of the Board of Governors of the Federal Reserve System, be assessed against such bank and, when so assessed, shall be paid by such bank.

  • The term ‘‘uninsured State member bank’’ means a State member bank (as defined in section 3 of the Federal Deposit Insurance Act) the deposits of which are not insured by the Federal Deposit Insurance Corporation.

  • This section shall not apply to any interest held by a State member bank in accordance with sec- tion 24a of this title and subject to the same conditions and limitations provided in such sec- tion.(Dec.

  • For purposes of this paragraph, sec- tion 84 of this title shall be deemed to apply to a State member bank as if the State member bank were a national banking association.

  • Nothing contained in this section prohibits a State member bank from accepting deposits or cashing or otherwise handling checks or other negotiable instruments, or performing other lawful banking services for a State operating a lottery, or for an officer or employee of that State who is charged with the administration of the lottery.

  • No por- tion of supervisory and administrative expenses or other indirect expenses such as occupancy and other similar overhead costs shall be included.(b) Banking institution means a State member bank; bank holding company; Edge Corporation and Agreement Cor- poration engaged in banking.

  • The compliance plan shall include a description of the steps the State member bank will take to correct the deficiency and the time within which those steps will be taken.

  • The conservator or receiver for an uninsured State member bank referred to in paragraph(1) shall exercise the same powers, functions, and duties, subject to the same limitations, as a conservator or receiver for a national bank.

  • The Board may appoint the Federal Deposit Insurance Corporation as conservator or re- ceiver for a State member bank under section 1821(c)(9) of this title.

  • If the Board determines that a State member bank has failed a safety and soundness standard pursuant to paragraph (a) of this section, the Board may request, by letter or through a report of examina- tion, the submission of a compliance plan, and the bank shall be deemed to have notice of the request three days after mailing of the letter by the Board or delivery of the report of examina- tion.[60 FR 35682, July 10, 1995, as amended at 63FR 55488, Oct.


More Definitions of State member bank

State member bank means a state bank which is a member of the Feder- al Reserve System; and “state nonmember bank” means a state bank which is not a member of the Federal Reserve System.
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State member bank means a bank that is chartered by a state and is a member of the Federal Reserve System.(d) Unless the context indicates otherwise, “bank” shall be construed to mean a “state member bank,” and “complaint” to mean a “consumer complaint.” SECTION 227.2— Consumer-Complaint Procedure
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Related to State member bank

  • Member bank means a national bank, state bank, or trust company which is a member of the United States federal reserve system.

  • Associate Member means a person appointed to perform specific statutory and non-statutory duties which have been delegated by the Trust Board for them to perform and these duties have been recorded in an appropriate Trust Board minute or other suitable record.

  • Associate Members means the individuals or firms which have agreed to Joint Venture in connection with the Project;

  • Corporate Member means, corporate entity who have entered into a Membership Agreement with DOCOMO BIKESHARE, INC. under the Bicycle Rental (Sharing) system in pursuant to Article 3, such as profit corporations, non-profit corporations, public corporations, and those with juridical personality by law.

  • Life Member means an Individual appointed as a Life Member of the Club under clause 5.2.

  • Community Member means any member of the public.

  • Bank Member means Standard Chartered PLC or any of its Affiliates and "Group" means all Bank Members.

  • State bank means any bank incorporated pursuant to the provisions of this chapter after January 1, 1970, and any “state bank” incorporated pursuant to the laws of this state and doing business as such on January 1, 1970, or a bank organized as a limited liability company or a mutual corporation under this chapter.

  • Single member limited liability company means a limited liability company that has one direct member.

  • Council Member means a member of the Council;

  • State board means the state board of education.

  • Community basin means an infiltration system, sand filter designed to infiltrate, standard constructed wetland, or wet pond, established in accordance with N.J.A.C. 7:8-4.2(c)14, that is designed and constructed in accordance with the New Jersey Stormwater Best Management Practices Manual, or an alternate design, approved in accordance with N.J.A.C. 7:8-5.2(g), for an infiltration system, sand filter designed to infiltrate, standard constructed wetland, or wet pond and that complies with the requirements of this chapter.

  • Community Council or “Council” means a duly elected body of MNO citizens that represents a Charter Community,

  • Member of the University Community means any person who is a volunteer including high school students, an enrolled student, faculty or staff member, University official, any other person employed by the University or campus visitors.

  • Community Contribution Company means a corporation formed under the laws of British Columbia that includes in its articles the following statement:

  • Community center means a center established under Subchapter A, Chapter 534.

  • Tribal Member means an enrolled member of the Tribe.

  • Affiliate Member means an individual who is an umpire, referee, coach or other official who is associated with the Association but who is not an Individual Member.

  • New member means a person first employed on or after Septem- ber 1, 2005, including a former member who withdrew retirement contributions under Government Code 822.003 and is reemployed on or after September 1, 2005.

  • Member-managed limited liability company means a limited liability company that is not a manager-managed limited liability company.

  • General partnership means an organization formed under chapters 45-13 through 45-21.

  • Staff member means a staff member as defined in section 1(1) of the Public Service Act, 1995 (Act No. 13 of 1995);

  • Community land trust means a community housing development organization whose (i) corporate

  • community centre means any school, railway station, police station and other location providing a service to the community;

  • Executive Member means any elected member of the authority appointed to the executive of that authority;

  • Heritage means Heritage Bancorp Ltd.