Penn Federal Savings Bank definition

Penn Federal Savings Bank means Penn Federal Savings Bank, a wholly owned savings bank subsidiary of PennFed that is chartered under the laws of the United States of America, with its principal executive offices at 000 Xxxxx Xxxx Xxxxxx, Xxxx Xxxxxx, X.X. 00000.

Examples of Penn Federal Savings Bank in a sentence

  • Board of Directors Penn Federal Savings Bank 622 Eagle Rock Avenue West Orange, New Jersey 07052-2989 Such notice shall be deemed given as of the date of delivery or, if delivery is made by mail, as of the date shown on the postmark on the receipt for registration or certification.

  • In addition to the death benefit provided in Section 3.2(a), but subject to, and limited by, all of the provisions of this Plan, a Participant's Beneficiary shall, upon the death of the Participant, receive a lump sum death benefit equal to $1,000,000 reduced by the death benefit paid to the Participant under the Penn Federal Savings Bank Supplemental Executive Death Benefit Plan.

  • Previously, he was affiliated with Penn Federal Savings Bank, where he joined as CFO and was later promoted to COO, Carteret Bank, and Marine Midland Bank.

  • Previously, he was affiliated with Penn Federal Savings Bank (where he joined as CFO and was later promoted to COO), Carteret Bank, and Marine Midland Bank.

  • Neither Penn Federal Savings Bank nor any other PennFed Subsidiary, and to the Knowledge of PennFed, nor has any of their respective directors, officers or employees, committed any breach of trust with respect to any such fiduciary account and the records for each such fiduciary account.

  • This Agreement may be terminated at any time prior to the Bank Merger Effective Time by mutual consent of New York Community Bank and Penn Federal Savings Bank in a written instrument, if the Board of Directors of each so determines by a vote of a majority of the members of its entire Board.

  • The Beneficiary of a Participant who also participates in the Penn Federal Savings Bank Supplemental Executive Retirement Plan shall, upon the death of such Participant, receive the SERP Death Benefit and not the Primary Death Benefit.

  • In the event of termination of this Agreement as provided in Section 5.1, this Agreement shall forthwith become void and there shall be no liability or obligation under this Agreement on the part of New York Community Bank, Penn Federal Savings Bank or their respective officers, directors or affiliates, except as otherwise provided in the Merger Agreement.

  • The proposed transaction will add 20 branches to New York Community Bancorp’s franchise in New Jersey, where it currently has 32 branches, including 24 branches that were acquired on April 2, 2007 in connection with its acquisition of PennFed Financial Services, Inc., the parent company of Penn Federal Savings Bank.

  • The branch offices of the Surviving Bank shall be those of New York Community Bank and the current principal office and branch offices of Penn Federal Savings Bank.

Related to Penn Federal Savings Bank

  • Savings bank means a state banking corporation organized or reorganized under this act.

  • Bancorp means Eagle Bancorp, Inc., a Maryland corporation.

  • NY Federal Reserve means the Federal Reserve Bank of New York.

  • Group health benefit plan means any health care plan, subscription contract, evidence of

  • Nonprofit corporation means a nonstock corporation organized under ch. 181 that is a nonprofit corporation, as defined in s. 181.0103 (17).

  • Alaska Native Corporation (ANC) means any Regional Corporation, Village Corporation, Urban Corporation, or Group Corporation organized under the laws of the State of Alaska in accordance with the Alaska Native Claims Settlement Act, as amended (43 U.S.C. 1601, et seq.) and which is considered a minority and economically disadvantaged concern under the criteria at 43 U.S.C. 1626(e)(1). This definition also includes ANC direct and indirect subsidiary corporations, joint ventures, and partnerships that meet the requirements of 43 U.S.C. 1626(e)(2).

  • Investment Plan means the document in terms of which the special purpose vehicle will invest in unlisted investments and all matters incidental thereto;

  • Health Savings Account means an account as permitted under section 223 of the internal revenue code of 1986, 26 USC 223.

  • Company 401(k) Plan has the meaning set forth in Section 6.4(e).

  • MHC means Prudential Mutual Holding Company, the parent mutual holding company for the Corporation and the Bank.

  • Savings Plan or "plans" means a plan that provides different investment strategies and allows account distributions for qualified higher education expenses.

  • Traditional member of the National Guard or federal reserves means an active member of the Selected Reserve subject to mobilization and deployment for which he or she attends monthly and annual training periods.

  • Soda fountain means a place especially equipped

  • Participating Corporation means any Parent, Subsidiary or Affiliate that the Committee designates from time to time as eligible to participate in this Plan. For purposes of the Section 423 Component, only the Parent and Subsidiaries may be Participating Corporations, provided, however, that at any given time a Parent or Subsidiary that is a Participating Corporation under the Section 423 Component shall not be a Participating Corporation under the Non-Section 423 Component. The Committee may provide that any Participating Corporation shall only be eligible to participate in the Non-Section 423 Component.

  • Mutual housing corporation means a corporation not-for-profit,

  • Community Contribution Company means a corporation formed under the laws of British Columbia that includes in its articles the following statement:

  • Corporation/ Corpn./ Department means the Central Warehousing Corporation.

  • Health benefit plan means a policy, contract, certificate or agreement offered or issued by a health carrier to provide, deliver, arrange for, pay for or reimburse any of the costs of health care services.

  • Thrift Plan means the Financial Institutions Thrift Plan, a qualified and tax-exempt defined contribution plan and trust under Sections 401(a) and 501(a) of the Code, as adopted by the Bank.

  • New York Federal Reserve s Website" means the website of the Federal Reserve Bank of New York currently at http://www.newyorkfed.org, or any successor website;

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.

  • Nonprofit entity means any entity organized and operated exclusively for charitable purposes, or operated by the Federal Government, the State, or any political subdivision of the State.

  • Health benefits plan means a benefits plan which pays or

  • Employer / Bank means State Bank of India having its Head Office at Ground Floor, Raheja Chambers, Free Press Journal Marg, Nariman Point, Mumbai and State Bank of India, Corporate Centre, Nariman Point, Mumbai, respectively.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • New Mexico Employee means any resident of the State of New Mexico employed by Contractor who performs the majority of the employee’s work for Contractor within the State of New Mexico, regardless of the location of Contractor’s office or offices; and