The eRulemaking Program

10/04/2024 | Press release | Distributed by Public on 10/04/2024 06:18

Termination of Receivership

FEDERAL DEPOSIT INSURANCE CORPORATION

Notice of Termination of Receiverships

The Federal Deposit Insurance Corporation (FDIC or Receiver), as Receiver for each of the following insured depository institutions, was charged with the duty of winding up the affairs of the former institutions and liquidating all related assets. The Receiver has fulfilled its obligations and made all dividend distributions required by law.

NOTICE OF TERMINATION OF RECEIVERSHIPS
Fund Receivership name City State Termination date
10221 Lincoln Park Savings Bank Chicago IL 10/01/2024
10486 Community South Bank Parsons TN 10/01/2024
10524 Seaway Bank and Trust Company Chicago IL 10/01/2024

The Receiver has further irrevocably authorized and appointed FDIC-Corporate as its attorney-in-fact to execute and file any and all documents that may be required to be executed by the Receiver which FDIC-Corporate, in its sole discretion, deems necessary, including but not limited to releases, discharges, satisfactions, endorsements, assignments, and deeds. Effective on the termination dates listed above, the Receiverships have been terminated, the Receiver has been discharged, and the Receiverships have ceased to exist as legal entities.

(Authority: 12 U.S.C. 1819)

Federal Deposit Insurance Corporation.

Dated at Washington, DC, on October 1, 2024.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2024-22964 Filed 10-3-24; 8:45 am]
BILLING CODE 6714-01-P