Insured bank definition

Insured bank means a state bank the deposits of which are insured in accordance with the provisions of the Federal Deposit Insurance Act.
Insured bank means a bank that is an insured depository institution, as defined in the Federal Deposit Insurance Act at 12 U.S.C. § 1813(c).
Insured bank means a bank or savings and loan association insured by an agency of the United States.

Examples of Insured bank in a sentence

  • See Section 7 of the Customer Account Terms and accompanying Schedule 4 (Insured Bank Deposit Program Disclosure Statement) for information and disclosures regarding the Sweep Program.


More Definitions of Insured bank

Insured bank means a bank, the deposits of which are insured by the Federal Deposit Insurance Corporation.
Insured bank means a corresponding new bank or a banking company or a Regional Rural Bank or an eligible co-operative bank for the time being registered under the provisions of this Act and includes for the purposes of sections 16, 17, 18 and 21, -
Insured bank means any bank, including a foreign bank having aninsured branch, the deposits of which are insured in accordance with theprovisions of the Federal Deposit Insurance Act.
Insured bank means a bank, the deposits of which are insured by the
Insured bank means bank insured under this Act.
Insured bank means any bank,including a foreign bank with an insured branch, the deposits of which are insured in accordance with the provisions of the Federal Deposit Insurance Act.