Federal Deposit Insurance Sample Clauses

Federal Deposit Insurance. Each Obligor of a Secured Account holds a beneficial ownership interest in the Funds sufficient to afford such Obligor separate federal deposit insurance with respect to the portion of the Deposit Account attributable to such Obligor.
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Federal Deposit Insurance. The Transferor will maintain or cause to be maintained records regarding each Obligor’s beneficial ownership interest in the Funds sufficient to afford such Obligor separate federal deposit insurance with respect to the portion of the Deposit Account attributable to such Obligor.
Federal Deposit Insurance. (a) The deposits held by the Bank are insured within statutory limits by the Bank Insurance Fund of the FDIC pursuant to the provisions of the Federal Deposit Insurance Act, as amended (12 U.S.C. ss. 1811 et seq.), and the Bank has paid all assessments and filed all related reports and statements required under the Federal Deposit Insurance Act.
Federal Deposit Insurance. Your savings in MSUFCU are insured by the National Credit Union Share Insurance Fund, which is administered by the National Credit Union Administration, an agency of the U.S. government.
Federal Deposit Insurance. The shares in Cyprus Federal Credit Union are insured by the National Credit Union Share Insurance Fund (NCUSIF), which is backed by the full faith and credit of the United States Government. Established by Congress in 1970 to insure member share accounts at federally insured credit unions, the NCUSIF is managed by the National Credit Union Administration (NCUA). Your share insurance is similar to the deposit insurance protection offered by the Federal Deposit Insurance Corporation (FDIC). This insurance is subject to the NCUA insur- ance rules and regulations, see xxx.xxxx.xxx.
Federal Deposit Insurance. Your savings in FPCU are insured by the National Credit Union Share Insurance Fund, which is administered by the National Credit Union Administration, an agency of the U.S. government.
Federal Deposit Insurance. Trustee must keep the Irrevocable Trust Amount in an interest-bearing account or accounts at federally- insured commercial bank or banks. Trustee must spread the Trust Amount over as many different institutions as necessary to assure the entire Irrevocable Trust Amount is covered by federal deposit insurance.
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Federal Deposit Insurance. Your savings in OU Credit Union are insured by the National Credit Union Share Insurance Fund, which is administered by the National Credit Union Administration, an agency of the U.S. government.
Federal Deposit Insurance. The Bank is a member of the Federal Deposit Insurance Corporation (FDIC), which provides deposit insurance to depositors in limited amounts. The FDIC is an independent agency of the United States government that protects the funds depositors place in banks and savings associations. FDIC insurance is backed by the full faith and credit of the United States government. FDIC insurance covers all deposit accounts with 1st Source Bank, including: • Checking accountsSavings accountsMoney market deposit accounts • Certificates of deposit FDIC insurance does not cover other financial products and services we may offer, such as stocks, bonds, mutual funds, life insurance policies, annuities or securities. The standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category. More information about FDIC deposit insurance is available at xxx.xxxx.xxx and at any 1st Source Banking Center.
Federal Deposit Insurance. Deposit accounts of PR Bank within the insurable maximum are insured by the FDIC to the fullest extent permitted by Applicable Law, and all premiums and assessments required to be paid in connection therewith have been paid when due. PR Bank has met all conditions of such insurance, including timely payment of its premiums. Since January 1, 2010, PR Bank has not received any notification from the FDIC threatening or contemplating revocation or limitation of, or which would have the effect of revoking or limiting, FDIC deposit insurance.
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