Trust Bank definition

Trust Bank means a “commercial bank,” as defined herein, which bank is authorized to exercise and is exercising trust powers, and also means any branch of the Federal Reserve Bank.
Trust Bank means a Commercial Bank which is authorized to exercise and is exercising trust powers located within or without the State, and also means any branch of the Federal Reserve Bank.
Trust Bank means a Connecticut bank organized to function solely in a fiduciary capacity; and

Examples of Trust Bank in a sentence

  • Unless we receive your written instruction to the contrary, BNL shall treat receipt of payment from you and of any claim payment and/or refund of premium which fall due to you, as being with your informed consent to the payment of those monies into a BNL Non Statutory Trust bank account.

  • BNL hold all client monies with one or more approved banks, as defined by the FCA, in a Non- Statutory Trust bank account in accordance with the FCA client money rules.


More Definitions of Trust Bank

Trust Bank means a "commercial bank", as defined herein, which bank is authorized to exercise and is exercising trust powers, and also means any branch of Federal Reserve Bank. Other capitalized terms used herein shall have the meanings given to such terms in the text hereof, except where the context by clear implication otherwise requires.
Trust Bank means the First National Bank of Lockport, a national banking association with business limited to the operation of a trust department and an insurance agency business and activities incidental thereto, with its main office located in Monee, Illinois, and a wholly owned-subsidiary of Heritage.
Trust Bank means a Commercial Bank that is authorized to exercise and is exercising trust powers.
Trust Bank means a commercial bank which is authorized to exercise and is exercising trust powers located within or without the State, and also means any branch of the Federal Reserve Bank.
Trust Bank means Paycom National Trust Bank, NA, which shall be regulated as a trust bank.
Trust Bank means Xxxxx Fargo Bank Northwest, National Association.
Trust Bank means a "commercial bank," as defined herein, which bank is authorized to exercise and is exercising trust powers, and also means any branch of the Federal Reserve Bank.Construction. This Ordinance, except where the context by clear implication herein otherwise requires, shall be construed as follows: