Continuation of Banking Business. The Assuming Bank agrees to provide full service banking in the trade area of the Failed Bank commencing on the first banking business day after Bank Closing and to maintain such presence until it has received all necessary regulatory approvals to cease providing such banking services in the trade area. At the option of the Assuming Bank, such banking services may be provided at any or all of the Bank Premises, or at other premises within such trade area.
Appears in 19 contracts
Samples: Purchase and Assumption Agreement (Midland States Bancorp, Inc.), Purchase and Assumption Agreement (Great Southern Bancorp Inc), Purchase and Assumption Agreement
Continuation of Banking Business. The Assuming Bank agrees to provide full service banking in the trade area of the Failed Bank commencing on the first banking business day (including a Saturday) after Bank Closing and to maintain such presence until it has received all necessary regulatory approvals to cease providing such banking services in the trade area. At the option of the Assuming Bank, such banking services may be provided at any or all of the Bank Premises, or at other premises within such trade area.
Appears in 18 contracts
Samples: Purchase and Assumption Agreement (First California Financial Group, Inc.), Purchase and Assumption Agreement, Purchase and Assumption Agreement
Continuation of Banking Business. The Assuming Bank agrees to provide full service banking in the trade area of the Failed Bank commencing on the first banking business day (including a Saturday) after Bank Closing and to maintain such presence until it has received all necessary regulatory approvals to cease providing such banking services in the trade areaClosing. At the option of the Assuming Bank, such banking services may be provided at any or all of the Bank Premises, or at other premises within such trade area.
Appears in 12 contracts
Samples: Purchase and Assumption Agreement (Iberiabank Corp), Purchase and Assumption Agreement, Purchase and Assumption Agreement
Continuation of Banking Business. The Assuming Bank agrees to provide full service banking in the trade area of the Failed Bank commencing on the first banking business day (excluding a Saturday) after the Bank Closing and to maintain such presence until it has received all necessary regulatory approvals to cease providing such banking services in the trade areaDate. At the option of the Assuming Bank, such banking services may be provided at any or all of the Bank Premises, or at other premises within such trade area.
Appears in 4 contracts
Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement, Purchase and Assumption Agreement
Continuation of Banking Business. The Assuming Bank agrees to provide full service banking in the trade area of the Failed Bank commencing on the first banking business day (including a Saturday) after the Bank Closing and to maintain such presence until it has received all necessary regulatory approvals to cease providing such banking services in the trade areaDate. At the option of the Assuming Bank, such banking services may be provided at any or all of the Bank Premises, or at other premises within such trade area.
Appears in 3 contracts
Samples: Purchase and Assumption Agreement (Prosperity Bancshares Inc), Purchase and Assumption Agreement (Community Bankers Trust Corp), Purchase and Assumption Agreement (MBT Financial Corp)
Continuation of Banking Business. The Assuming Bank agrees to provide full service banking in the trade area of the Failed Bank commencing on the first banking business day (including a Saturday) after Bank Closing and to maintain such presence until it has received all necessary regulatory approvals to cease providing such banking services in the trade areaDate. At the option of the Assuming Bank, such banking services may be provided at any or all of the Bank Premises, or at other premises within such trade area.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Usb Holding Co Inc)
