Common use of Deposit Insurance Clause in Contracts

Deposit Insurance. The deposit accounts of the Bank are insured by the Savings Association Insurance Fund administered by the FDIC to the maximum extent permitted by the Federal Deposit Insurance Act, as amended ("FDIA"), and the Bank has paid all premiums and assessments required by the FDIA and the regulations thereunder.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Laurel Capital Group Inc), Agreement and Plan of Reorganization (SFSB Holding Co)

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Deposit Insurance. The deposit accounts of the Bank are insured by the Savings Association Insurance Fund administered by the FDIC to the maximum extent permitted by the Federal Deposit Insurance Act, as amended ("FDIA"), and the Bank has paid all premiums and assessments required by the FDIA and the regulations thereunder.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Advance Financial Bancorp), Agreement and Plan of Reorganization (Parkvale Financial Corp)

Deposit Insurance. The deposit accounts of in the Bank are insured by the Savings Association Insurance Fund administered by the FDIC to the maximum extent permitted by the Federal Deposit Insurance Act, as amended ("FDIA")Law, and the Bank has paid all required premiums and assessments and filed all reports required by under the FDIA and the regulations thereunderFDIA.

Appears in 1 contract

Samples: Stock Purchase Agreement (Peoples Banctrust Co Inc)

Deposit Insurance. The deposit accounts of the Bank Company are insured by the Savings Association Insurance Fund administered by FDIC in accordance with the FDIC to the maximum extent permitted by provisions of the Federal Deposit Insurance Act (the “FDI Act, as amended ("FDIA"), and the Bank . The Company has paid all regular premiums, required prepayments of premiums and special assessments and filed all reports required by under the FDIA and the regulations thereunderFDI Act.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Princeton Bancorp, Inc.)

Deposit Insurance. The deposit accounts of the Bank are insured by the Savings Association Bank Insurance Fund administered by in accordance with the FDIC to the maximum extent permitted by provisions of the Federal Deposit Insurance Act, as amended Act (the "FDIA"), and ; the Bank has paid all regular premiums and special assessments and filed all reports required by under the FDIA and the regulations thereunderFDIA.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Southtrust Corp)

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Deposit Insurance. The deposit accounts of the Bank Association are insured by the Savings Association Insurance Fund administered by the FDIC Federal Deposit Insurance Corporation (“FDIC”) to the maximum extent permitted by the Federal Deposit Insurance Act, as amended ("FDIA"), and the Bank Association has paid all premiums and assessments required by the FDIA and the regulations thereunder.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Peoples Community Bancorp Inc /Md/)

Deposit Insurance. The deposit accounts of the Bank are insured by the ----------------- Savings Association Insurance Fund administered by of the FDIC to the maximum extent permitted by the Federal Deposit Insurance Act, as amended ("FDIA"), and the Bank has paid all premiums and assessments required by the FDIA and the regulations thereunder.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Heritage Bancshares Inc /Tx)

Deposit Insurance. The deposit accounts of the Bank are insured by the Savings Association Insurance Fund administered by the FDIC Federal Deposit Insurance Corporation ("FDIC") to the maximum extent permitted by the Federal Deposit Insurance Act, as amended ("FDIA"), and the Bank has paid all premiums and assessments required by the FDIA and the regulations thereunder.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Approved Financial Corp)

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