Savings promotion definition

Savings promotion means a contest or promotion to encourage savings deposits that is sponsored by one or more banks, or by a banking trade association or its subsidiary in con- junction with one or more banks, and in which bank depositors are offered a chance to win designated prizes.
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Savings promotion means a contest or promotion to encourage savings deposits that is sponsored by one or more credit unions, or by a credit union trade association or its subsidiary in conjunction with one or more credit unions, and in which credit union members are offered a chance to win designated prizes.
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Savings promotion means a contest or promotion to encourage savings deposits that is sponsored by one or more sav- ings and loan associations, or by a banking or thrift trade associa- tion or its subsidiary in conjunction with one or more savings and loan associations, and in which savers are offered a chance to win designated prizes.
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Examples of Savings promotion in a sentence

  • Savings promotion raffles authorized under Section 5g of the Illinois Banking Act, Section 7008 of the Savings Bank Act, Section 42.7 of the Illinois Credit Union Act, Section 5136B of the National Bank Act (12 U.S.C. 25a), or Section 4 of the Home Owners' Loan Act (12 U.S.C. 1463).

  • Savings promotion raffles.A savings bank may offer a savings promotion raffle in which the sole consideration required for a chance of winning designated prizes is the deposit of a minimum specified amount of money in a savings account or other savings program offered by the savings bank.

  • Savings promotion raffles.A credit union may offer a savings promotion raffle in which the sole consideration required for a chance of winning designated prizes is the deposit of a minimum specified amount of money in a savings account or other savings program offered by the credit union.

  • Special Note: From October 2, 2020 – June 30, 2021, U.S. dental offices which purchase a PRIMESCAN DI from an authorized DENTSPLY SIRONA dealer or distributor as part of the DENTSPLY SIRONA Primescan® Savings promotion shall be eligible to participate in this Program, even though the price of such equipment shall be below the manufacturer’s advertised price.

  • Savings promotion raffles.A bank may offer a savings promotion raffle in which the sole consideration required for a chance of winning designated prizes is the deposit of a minimum specified amount of money in a savings account or other savings program offered by the bank.

  • Savings promotion raffle means a contest conducted by a financial institution or credit union chartered under state or federal law or any agent or employee thereof in which a chance of winning a designated prize is obtained by the deposit of a specified amount of money in a savings account or other savings program if each entry has an equal chance of winning.

  • Any examination of the contents of a box under this section shall be conducted in the presence of at least one employee of the Oregon operating institution.[1999 c.506§2; 2001 c.10 §1; 2003 c.395 §21; 2011 c.422 §4; 2013 c.366§82] 708A.660 Savings promotion raffles; rules.

  • Savings promotion also played a central role in Rural SPEED, with the project team identifying savings as a foundational building block of rural wealth creation.

  • Findings from the survey of consumers who participated in the Double Your Savings promotion substantiate this conclusion: approximately one-third of purchasers indicated that the rebate spurred their selection of an ENERGY STAR washer.

  • Federally chartered financial institutions are permitted under these statutes to offer “savings promotion raffles.” Savings promotion raffles are defined as contests in which the sole consideration required for a chance of winning designated prizes is obtained by the deposit of a specified amount of money in a savings account or other savings program, and each ticket or entry has an equal chance of being drawn.


More Definitions of Savings promotion

Savings promotion means a contest or promotion sponsored by a depository institution in which a chance of winning designated prizes is obtained by its depositors for the purposes of encouraging depositors to build and maintain savings deposits.
Sample 1
Savings promotion means a contest or promo- tion to encourage savings deposits that is sponsored by one or more savings banks, or by a banking trade associa- tion or its subsidiary in conjunction with one or more sav- ings banks, and in which savings bank depositors are offered a chance to win designated prizes.
Sample 1
Savings promotion means a contest or promotion sponsored by a banking porganization in which a chance of winning designated prizes is obtained by the deposit of specified amount of money in a saving account, share account, share certificate, or other savings products or program;
Sample 1

Related to Savings promotion

  • Participating Retail Health Clinic means a Retail Health Clinic which has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Promotion means a change from an employee's position to one with a higher maximum salary level.

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

  • Educational program means a program for educating and preparing physician assistants which is approved by the board.

  • Campaign Contribution means a gift, subscription, loan, advance or deposit of money or other thing of value, including the estimated value of an in-kind contribution, that is made to or received by an applicable public official or any person authorized to raise, collect or expend contributions on that official’s behalf for the purpose of electing the official to either statewide or local office. “Campaign Contribution” includes the payment of a debt incurred in an election campaign, but does not include the value of services provided without compensation or unreimbursed travel or other personal expenses of individuals who volunteer a portion or all of their time on behalf of a candidate or political committee, nor does it include the administrative or solicitation expenses of a political committee that are paid by an organization that sponsors the committee.

  • Education program or activity means locations, events, or circumstances for which the school district exercises substantial control over both the respondent and the context in which the sexual harassment occurs and includes school district education programs or activities that occur on or off of school district property.

  • Commercialization Plan has the meaning set forth in Section 6.2.

  • Education program means any program that is principally engaged in the provision of education, including, but not limited to, early childhood education, elementary and secondary education, postsecondary education, special education, job training, career and technical education, and adult education, and any program that is administered by an educational agency or institution.

  • Pharmacy benefits management means the administration or management of prescription drug

  • Basic health plan model plan means a health plan as required in RCW 70.47.060(2)(e).

  • Adult entertainment establishment means any of the following:

  • Commercialization or “Commercialize” means activities directed to marketing, promoting, research and development as required, manufacturing for sale, offering for sale, distributing, importing or selling a product, including sub-licensing or sub-contracting of these activities.

  • Plan for moderate income housing means a written document adopted by

  • Common promotional plan means a plan, undertaken by a person

  • Participating Retail Store means any one of the Australian retail stores trading under the following trading names that is authorised by Breville to sell Participating Products and has been invited by the Promoter to participate in the Promotion:

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.