Insured Credit Union definition

Insured Credit Union means any credit union, the member accounts of which are insured by the National Credit Union Share Insurance Fund by the National Credit Union Administra- tion pursuant to authority granted in 12 U.S.C. 1783 et seq.;
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Insured Credit Union means any credit union, the member accounts of which are insured by the National Credit Union Share Insurance Fund;
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Insured Credit Union means any credit union, the member accounts of which are insured by the National Credit Union Share Insurance Fund. Insured Depository Institution shall mean any bank or thrift, the deposits of which are insured by the Federal Deposit Insurance Corporation. Investment Area shall mean the geographic area meeting the requirements set forth in 12 C.F.R. 1805.201(b)(3)(ii) designated in the Recipient’s most recently approved CDFI certification documentation.
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Examples of Insured Credit Union in a sentence

  • A Person shall be eligible to apply to become an Insured Credit Union Clearing Member if it is an Insured Credit Union in good standing with its primary regulator.

  • An Insured Credit Union that is admitted to membership in the Clearing System pursuant to these Rules and whose membership in the Clearing System has not been terminated, shall be an Insured Credit Union Clearing Member.

  • Under the current rule, Insured Credit Union and State-Insured Credit Union Applicants may use the increase in retained earnings since the inception of the organization as matching funds so long as they also demonstrate a required amount of increase in shares, loans, and other activity as described in the applicable Notice of Funds Availability.

  • In the case of CDFI Intermediaries, Financial Products may also include loans to CDFIs and/or Emerging CDFIs, and deposits in Insured Credit Union CDFIs, Emerging Insured Credit Union CDFIs, and/or State-Insured Credit Union CDFIs. For HFFI-FA, however, the purchase of loans originated by Certified CDFIs, loan refinancing, or any type of financing for prepared food outlets are not eligible activities.Allii.

  • The provision of resources will be coordinated by the multinational force HSS planning staff, but will comprise assets from a number of sources, including HNS.

  • In addition to meeting the requirements of Section 5.7(a) herein, as applicable, the Recipient shall do all things necessary to preserve, renew and keep in full force and effect its status as an Insured Credit Union, Insured Depository Institution, Depository Institution Holding Company or State-Insured Credit Union, as applicable.

  • For the purposes of this research, interviewers underwent an intensivetwo-day training session that focused on unstructured interviewing techniques: research ethics, including the protection of the identities of informants and the application of rigorous standards of confidentiality; the purpose of the study; objectives and key questions; contextual considerations; and an introduction to key concepts.

  • The Fund’s review of the progress of an Insured CDFI, a Depository Institution Holding Company or a State- Insured Credit Union in implementing its Comprehensive Business Plan and satisfying the terms and conditions of its Assistance Agreement may also include information from the Appropriate Federal Banking Agency or Appropriate State Agency, as the case may be.

  • In addition to meeting the requirements of Section 5.7 (a) and (b) herein, as applicable, the Recipient shall do all things necessary to preserve, renew and keep in full force and effect its status as an Insured Credit Union, Insured Depository Institution, Depository Institution Holding Company or State-Insured Credit Union, as applicable.

  • The Regulations allow an Insured Credit Union to use retained earnings to serve as matching funds for a FA award.


More Definitions of Insured Credit Union

Insured Credit Union means an insured credit union as defined in section 101 of the Federal Credit Union Act (12 U.S.C. 1752).
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Insured Credit Union means any credit union, the member accounts of which are insured by the NationalCredit Union Share Insurance Fund; (aa) Insured Depository Institutionmeans any bank or thrift, the deposits of which are insured by the FederalDeposit Insurance Corporation; (bb) Investment Area means ageographic area meeting therequirements of § 1805.201(b)(3);(cc) Low-Inco me means an income, adjusted for family size, of not morethan:
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Insured Credit Union as used in this Part means a credit union insured
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Insured Credit Union means any credit union, the member accounts of which are insured by the National Credit Union Share Insurance Fund. Insured Depository Institution shall mean any bank or thrift, the deposits of which are insured by the Federal Deposit Insurance Corporation. Investment Area shall mean the geographic area meeting the requirements set forth in 12 C.F.R. 1805.201(b)(3)(ii) designated in the Recipient’s most recently approved CDFI certification documentation. Lead Certified CDFI shall mean the designated lead Certified CDFI in the SDL Program Application for an Applicant that applied as a Partnership and is the entity solely responsible for carrying out the activities described in its Application and complying with the terms and conditions of this Agreement. The Lead Certified CDFI is the Recipient under this Assistance Agreement.
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Related to Insured Credit Union

  • Credit Union means the registered society.

  • Federal credit union means a credit union chartered under the Federal Credit Union Act.

  • Limited line credit insurance producer means a person who sells, solicits, or negotiates one or more forms of limited line credit insurance coverage to an individual through a master, corporate, group, or individual policy.

  • insurance agent means, subject to subsection (2), any person who for any compensation and through any medium does one or more of the following:

  • Credit union service organization means an organization, corporation, or association whose membership or ownership is primarily confined or restricted to credit unions or organizations of credit unions and whose purpose is primarily designed to provide services to credit unions, organizations of credit unions, or credit union members.

  • credit institutions means credit institutions as defined under Directive 2006/48/EC;

  • Health agent means the Health Agent for the Wellesley Board of Health or his/her designee.

  • Credit insurance means insurance offered in connection with an extension of credit that is limited to partially or wholly extinguishing that credit obligation.

  • Renewable Energy Credit has the meaning set forth in California Public Utilities Code Section 399.12(h) and CPUC Decision 00-00-000, as may be amended from time to time or as further defined or supplemented by Law.

  • credit institution means a credit institution as defined in point (1) of Article 4(1) of Regulation (EU) No 575/2013;

  • Maritime agency services means activities consisting in representing, within a given geographic area, as an agent the business interests of one or more shipping lines or shipping companies, for the following purposes:

  • National Credit Act means the National Credit Act, 2005 (Act No. 34 of 2005);

  • Planned External Financed Generation Capacity Resource means a Planned External Generation Capacity Resource that, prior to August 7, 2015, has an effective agreement that is the equivalent of an Interconnection Service Agreement, has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close, and has secured at least 50 percent of the MWs of firm transmission service required to qualify such resource under the deliverability requirements of the Reliability Assurance Agreement.

  • Regulated Bank means an Approved Commercial Bank that is (i) a U.S. depository institution the deposits of which are insured by the Federal Deposit Insurance Corporation; (ii) a corporation organized under section 25A of the U.S. Federal Reserve Act of 1913; (iii) a branch, agency or commercial lending company of a foreign bank operating pursuant to approval by and under the supervision of the Board of Governors under 12 CFR part 211; (iv) a non-U.S. branch of a foreign bank managed and controlled by a U.S. branch referred to in clause (iii); or (v) any other U.S. or non-U.S. depository institution or any branch, agency or similar office thereof supervised by a bank regulatory authority in any jurisdiction.

  • Reinsurance intermediary means a reinsurance intermediary-broker or a reinsurance intermediary-manager.

  • Account Administrator means the person(s) who have been granted authority by Customer to set up, amend, or otherwise control settings and/or make additional purchases for the Account via the Administrative Portal. Account Administrators may have varying levels of Account rights, skills, or permissions.

  • Settlement Administrator means the administrator proposed by the Parties and appointed by the Court to administer the Settlement.

  • Bank Credit Agreement means the Revolving Credit and Term Loan Agreement, dated as of January 26, 2015, by and among the Company and certain of its Subsidiaries, Bank of America, N.A., as administrative agent, and the other financial institutions party thereto, as amended, restated, joined, supplemented or otherwise modified from time to time, and any renewals, extensions or replacements thereof, which constitute the primary bank credit facility of the Company and its Subsidiaries.

  • Organ procurement organization means a person designated by the Secretary of the United States Department of Health and Human Services as an organ procurement organization.

  • Appraisal management services means one or more of the following:

  • Investment Management Services means any services which involve: (i) the management of an investment account or Fund (or portions thereof or a group of investment accounts or Funds); (ii) the giving of advice with respect to the investment and/or reinvestment of assets or funds (or any group of assets or funds); or (iii) otherwise acting as an “investment adviser” within the meaning of the Investment Advisers Act of 1940, as amended, including, without limitation, in each of the foregoing cases, performing activities related or incidental thereto.

  • Public Finance Management Act ’ means the Public Finance Management Act, 1999 (Act No. 1 of 1999);

  • Planned Financed Generation Capacity Resource means a Planned Generation Capacity Resource that, prior to August 7, 2015, has an effective Interconnection Service Agreement and has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close.

  • Disaster Management Act means the Disaster Management Act, 2002 (Act No.57 of 2002)

  • Essential community provider or “ECP” means a provider that:

  • Self-administration means carrying and taking medication without the intervention of the school nurse, approved through the school district policy and restricted to students with asthma, other potentially life-threatening illnesses or life-threatening allergic reaction.