Federal banking agency definition

Federal banking agency means the board of governors of the federal reserve system, the
Federal banking agency means the Board of Governors of the

Examples of Federal banking agency in a sentence

  • A majority-owned sub- sidiary may conduct this activity with- out first obtaining the FDIC’s consent, provided that the bank meets and con- tinues to meet the applicable capital standards as prescribed by the appro- priate Federal banking agency.

  • A subsidiary of an insured State bank may conduct other- wise prohibited activities if the bank obtains the FDIC’s prior written con- sent and the insured State bank meets and continues to meet the applicable capital standards set by the appro- priate Federal banking agency.

  • A majority-owned subsidiary may conduct this activity without first obtaining the FDIC’s con- sent, provided that the bank meets and continues to meet the applicable cap- ital standards as prescribed by the ap- propriate Federal banking agency.

  • A sponsor must retain the certifications and dis- closures required in paragraphs (a) and(c) of this section in its records and must provide the disclosure upon re- quest to the Commission and its appro- priate Federal banking agency, if any, until three years after all ABS inter- ests are no longer outstanding.§ 373.5 Revolving pool securitizations.(a) Definitions.

  • In the event that cir- cumstances preclude comment within 30 days, the delegate shall so notify the appropriate Federal banking agency within 30 days, giving an estimate of when comments may reasonably be ex- pected.


More Definitions of Federal banking agency

Federal banking agency means the Board of Governors of the Federal Re- serve System; the Federal Deposit In- surance Corporation; and the National Credit Union Administration; or any successor agency thereof.
Federal banking agency means the Office of the Comptroller of the Cur- rency, the Office of Thrift Supervision, the Board of Governors of the Federal Reserve System, or the Federal Deposit Insurance Corporation, or their succes- sors.
Federal banking agency. ’ means the Board of Gov-
Federal banking agency means the board of governors of the federal reserve system, the U.S. office of the comptroller of
Federal banking agency means: 1123 (a) the Board of Governors of the Federal Reserve System; 1124 (b) the Comptroller of the Currency; 1125 (c) the Director of the Office of Thrift Supervision; 1126 (d) the National Credit Union Administration; or 1127 (e) the Federal Deposit Insurance Corporation. 1128 (11) "Licensee" means an individual licensed under this chapter. 1129 (12) (a) Except as provided in Subsection (12)(b), "loan originator" means an 1130 individual who for compensation or in the expectation of compensation: 1131 (i) takes a residential mortgage loan application; or 1132 (ii) offers or negotiates a term of a residential mortgage loan. 1133 (b) "Loan originator" does not include: 1134 (i) an individual who is engaged solely as a loan processor or underwriter; 1135 (ii) unless compensated by a lender, broker, other loan originator, or an agent of a 1136 lender, broker, or other loan originator, a person who: 1137 (A) only performs real estate brokerage activities; and 1138 (B) is licensed under Title 61, Chapter 2, Division of Real Estate; 1139 (iii) a person who is solely involved in extension of credit relating to a timeshare plan, 1140 as defined in 11 U.S.C. Sec. 101(53D); or 1141 (iv) an attorney licensed to practice law in this state who, in the course of the 1142 attorney's practice as an attorney, assists a person in obtaining a residential mortgage loan. 1143 (13) "Loan processor or underwriter" means an individual who as an employee 1144 performs clerical or support duties: 1145 (a) at the direction of and subject to the supervision and instruction of: 1146 (i) a licensee; or 1147 (ii) a registered loan originator; and 1148 (b) as an employee of: 1149 (i) the licensee; or
Federal banking agency means the Office of the Comptroller of theCurrency, the Office of ThriftSupervision, the Board of Governors of the Federal Reserve System, or theFederal Deposit Insurance Corporation, or their successors.