An institution that primarily accepts consumer savings deposits and to make home mortgage loans.
Bonds Enabling Annual Retirement Savings (BEARS)
Bonds Enabling Annual Retirement Savings (BEARS) Holders of BEARS receive the face value
of bonds underlying call option, which are exercised by CUBS (an acronym for Calls Underwritten by Swanbrook). If the calls are exercised by CUBS, BEARS holders receive the total of the exercise price.