Examples of Federal savings association in a sentence
Termination of a Fed- eral savings association’s status as a Federal savings association occurs upon receipt of the Federal savings as-12 CFR Ch. I (1–1–23 Edition)sociation’s charter in connection with the consummation of the conversion.(3) Notice of intent.
The national bank or Federal savings association must make the disclosures required under Tables 1 through 12 publicly available for each of the last three years (that is, twelve quarters) or such shorter period beginning on January 1, 2014.
With regard to a security property that is a leasehold or other interest for a period of years, the term of the inter- est extends, or is subject to extension or renewal at the option of the Federal savings association for a term of at least five years following the maturity of the loan.
If the collateral is real estate, the Federal savings association must es- tablish the value by a signed appraisal or evaluation in accordance with part 34, subpart C of this chapter.
A clearing member national bank or Federal savings association that guarantees the performance of a clearing member client with respect to a cleared transaction must treat its exposure to the clearing member client as a derivative contract for purposes of determining its total leverage exposure.