Examples of Xxxxxx Xxx Bank in a sentence
The FDIC-Insured Portfolio option allows you to invest in the Savings Portfolio, which invests 100% of its assets in a FDIC-insured high yield savings account held in trust by the Committee at Xxxxxx Xxx Bank.
You may allocate Contributions to one or more of the iShares 529 Plan’s Portfolios managed by BFA or Xxxxxx Xxx Bank.
Placement is dependent upon schedule and availability and class size.
FDIC insurance is provided for the Savings Portfolio only, which invests in an FDIC-insured omnibus savings account held in trust by the Committee at Xxxxxx Xxx Bank.
Subject to the application of Xxxxxx Xxx Bank and FDIC rules and regulations to each Account Owner, funds in the Savings Portfolio will retain their value as described below under “FDIC Insurance.” FDIC Insurance Except for the Savings Portfolio, investments in the iShares 529 Plan are not insured by the FDIC.
The HYSA is held in an omnibus high yield savings account insured (as described below) by the FDIC, which is held in trust by the Committee at Xxxxxx Xxx Bank.
No investment recommendation or advice received by the Account Owner from any Financial Advisor or any other person is provided by, or on behalf of, the State of Arkansas, the Committee, the iShares 529 Plan, BlackRock, Ascensus College Savings, or Xxxxxx Xxx Bank.
The Member and Alloya both wish to grant to Xxxxxx Xxx Bank certain rights as third-party beneficiaries under this POA in connection with the marketing of the Program by Member to its natural person members.
The amount of FDIC insurance provided to an Account Owner is based on the total of: (a) the value of an Account Owner’s investment in the Savings Portfolio; and (b) the value of all other accounts held by the Account Owner at Xxxxxx Xxx Bank, as determined by Xxxxxx Xxx Bank and FDIC regulations.
Subject to Court approval, the Escrow Account shall be an interest-bearing account mutually agreed to by the Parties at Xxxxxx Xxx Bank.