Bank Premises Located in an Underserved Area. If a currently utilized Bank Premises is located in an Underserved Area, the Receiver will not consent to the Assuming Institution’s closing or selling such Bank Premises, unless the Assuming Institution provides full service banking at one or more Bank Premises or Assuming Institution branches located within in the same Underserved Area.
Appears in 21 contracts
Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement, Purchase and Assumption Agreement
Bank Premises Located in an Underserved Area. If a currently utilized any Bank Premises is currently used and located in an Underserved Area, the Receiver will not consent to the Assuming Institution’s 's closing or selling such that Bank Premises, unless the Assuming Institution provides full service banking at one or more Bank Premises or Assuming Institution branches located within in the same Underserved Area.
Appears in 2 contracts
Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement
Bank Premises Located in an Underserved Area. If a currently utilized any Bank Premises is currently used and located in an Underserved Area, the Receiver will not consent to the Assuming Institution’s closing or selling such that Bank Premises, unless the Assuming Institution provides full service banking at one or more Bank Premises or Assuming Institution branches located within in the same Underserved Area.
Appears in 2 contracts
Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement (First Citizens Bancshares Inc /De/)
Bank Premises Located in an Underserved Area. If a currently utilized any Bank Premises is are located in an Underserved Area, the Receiver will not consent to the Assuming InstitutionBridge Bank’s closing or selling such Bank Premises, unless the Assuming Institution Bridge Bank provides full service banking at one or more Bank Premises or Assuming Institution Bridge Bank branches located within in the same Underserved Area.
Appears in 2 contracts
Samples: Transfer Agreement, Transfer Agreement
Bank Premises Located in an Underserved Area. If a currently utilized Bank Premises is located in an Underserved Area, the Receiver will not consent to the Assuming Institution’s closing or selling such Bank Premises, unless the Assuming Institution provides full service banking at one or more Bank Premises or Assuming Institution branches located within in the same Underserved Area.. (c)
Appears in 2 contracts
Samples: Purchase and Assumption Agreement (First NBC Bank Holding Co), Purchase and Assumption Agreement (WashingtonFirst Bankshares, Inc.)
Bank Premises Located in an Underserved Area. If a currently utilized Bank Premises is located in an Underserved Area, the Receiver will not consent to the Assuming Institution’s 's closing or selling such Bank Premises, unless the Assuming Institution provides full service banking at one or more Bank Premises or Assuming Institution branches located within in the same Underserved Area.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Great Southern Bancorp Inc)
Bank Premises Located in an Underserved Area. If a currently utilized Ifany Bank Premises is currently used and located in an Underserved Area, the Receiver will not consent to the Assuming Institution’s 's closing or selling such that Bank Premises, unless the Assuming Institution provides full service banking at one or more Bank Premises or Assuming Institution branches located within in the same Underserved Area.
Appears in 1 contract
Samples: Purchase and Assumption Agreement
