Common use of Deposit Insurance Clause in Contracts

Deposit Insurance. The deposits of the Bank are insured by the Federal Deposit Insurance Corporation (“FDIC”) in accordance with the Federal Deposit Insurance Act, and the Bank has paid all premiums and assessments with respect to such deposit insurance.

Appears in 7 contracts

Samples: Employment Agreement (First Merchants Corp), Voting Agreement (Farmers & Merchants Bancorp Inc), Employment Agreement (CFS Bancorp Inc)

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Deposit Insurance. The deposits of the Bank are insured by the Federal Deposit Insurance Corporation (“FDIC”) FDIC in accordance with the Federal Deposit Insurance Act, and the Bank has paid all premiums and assessments with respect to such deposit insurance.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (First Merchants Corp), Agreement and Plan of Reorganization and Merger (Farmers & Merchants Bancorp Inc), Agreement and Plan of Reorganization and Merger (First Merchants Corp)

Deposit Insurance. The deposits deposit accounts of the Bank are insured by the Federal Deposit Insurance Corporation (“FDIC”) FDIC in accordance with the Federal Deposit Insurance provisions of the FDIC Act, and the . The Bank has paid all regular premiums and special assessments with respect to such deposit insuranceand filed all reports required under the FDIC Act.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (Community Bancshares Inc /De/), Agreement and Plan of Merger (Superior Bancorp), Agreement and Plan of Merger (Kensington Bankshares Inc)

Deposit Insurance. The deposits of the Bank are insured by the Federal Deposit Insurance Corporation ("FDIC") in accordance with the Federal Deposit Insurance Act, and the Bank has paid all premiums and assessments with respect to such deposit insurance.

Appears in 3 contracts

Samples: Agreement of Reorganization and Merger (Lafayette Bancorporation), Agreement of Reorganization and Merger (CNBC Bancorp /Oh), Agreement of Reorganization and Merger (First Merchants Corp)

Deposit Insurance. The deposits of the Bank are insured by the Federal Deposit Insurance Corporation (“FDIC”) in accordance with the Federal Deposit Insurance Act, as amended, to the fullest extent provided by applicable law and the LSB or Bank has paid or properly reserved or accrued for all current premiums and assessments with respect to such deposit insurance.

Appears in 2 contracts

Samples: Defined Terms (LSB Financial Corp), Agreement and Plan of Merger (Old National Bancorp /In/)

Deposit Insurance. The deposits of the Bank are insured by the Federal Deposit Insurance Corporation ("FDIC") in accordance with the Federal Deposit Insurance Act, and the Bank has paid all premiums and assessments with respect to such deposit insurance.

Appears in 2 contracts

Samples: Agreement of Reorganization and Merger (First Merchants Corp), Agreement of Reorganization and Merger (First Merchants Corp)

Deposit Insurance. The deposits of the Bank are insured by the Federal Deposit Insurance Corporation (“FDIC”) ----------------- FDIC in accordance with the Federal Deposit Insurance Act, as amended, to the fullest extent provided by applicable law and the Community and Bank has have paid or properly reserved or accrued for all current premiums and assessments with respect to such deposit insurance.

Appears in 1 contract

Samples: Agreement of Affiliation and Merger (Community Financial Corp /Il/)

Deposit Insurance. The deposits of the Bank are insured by the Federal Deposit Insurance Corporation (“FDIC”) in accordance with the Federal Deposit Insurance Act, as amended, to the fullest extent provided by applicable law and the Anchor or Bank has paid or properly reserved or accrued for all current premiums and assessments with respect to such deposit insurance.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Old National Bancorp /In/)

Deposit Insurance. The deposits of the Bank are insured by the Federal Deposit Insurance Corporation (“FDIC”) FDIC in accordance with the Federal Deposit Insurance Act, as amended, and Heritage and the Bank has have paid or properly reserved or accrued for all current premiums and assessments with respect to such deposit insurance.

Appears in 1 contract

Samples: Agreement of Affiliation and Merger (Heritage Financial Services Inc /Tn/)

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Deposit Insurance. The deposits of the Bank are insured by the Federal Deposit Insurance Corporation (“FDIC”) FDIC up to applicable limits and in accordance with the Federal Deposit Insurance Act, as amended, and the Bank has paid or properly reserved or accrued for all current premiums and assessments with respect to such deposit insurance, if any.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Level One Bancorp Inc)

Deposit Insurance. The deposits of the Bank are insured by the Federal Deposit Insurance Corporation (“FDIC”) FDIC in accordance with the Federal Deposit Insurance Act, as amended, to the fullest extent provided by applicable law and the Community and Bank has have paid or properly reserved or accrued for all current premiums and assessments with respect to such deposit insurance.

Appears in 1 contract

Samples: Agreement of Affiliation and Merger (First Financial Corp /In/)

Deposit Insurance. The deposits deposit accounts of the Bank are insured by the Federal Deposit Insurance Corporation (“FDIC”) FDIC in accordance with the provisions of the Federal Deposit Insurance Act (the “Act, and the ”). Bank has paid all regular premiums and special assessments with respect to such deposit insuranceand filed all reports required under the Act.

Appears in 1 contract

Samples: Transaction Agreement (Protective Life Corp)

Deposit Insurance. The deposits of the Bank are insured by the Federal Deposit Insurance Corporation (“FDIC”) FDIC in accordance with the Federal Deposit Insurance Act, as amended, and Permanent and the Bank has have paid or properly reserved or accrued for all current premiums and assessments with respect to such deposit insurance.

Appears in 1 contract

Samples: Agreement of Affiliation and Merger (Permanent Bancorp Inc)

Deposit Insurance. The deposits of the Bank are insured by the Federal Deposit Insurance Corporation (“FDIC”) in accordance with the Federal Deposit Insurance Act, as amended, to the fullest extent provided by applicable law and Peoples and the Bank has have paid or properly reserved or accrued for all current premiums and assessments with respect to such deposit insurance.

Appears in 1 contract

Samples: Plan of Reorganization and Merger (Mainsource Financial Group)

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