The eRulemaking Program

09/27/2024 | Press release | Distributed by Public on 09/27/2024 07:27

Termination of Receivership

FEDERAL DEPOSIT INSURANCE CORPORATION

Notice to All Interested Parties of Intent To Terminate Receiverships

Notice is hereby given that the Federal Deposit Insurance Corporation (FDIC or Receiver), as Receiver for the institutions listed below, intends to terminate its receivership for said institutions.

Notice of Intent To Terminate Receiverships
Fund Receivership name City State Date of appointment ofreceiver
10054 First Bank of Beverly Hills Calabasas CA 04/24/2009
10530 Washington Federal Bank for Savings Chicago IL 12/15/2017
10534 City National Bank of New Jersey Newark NJ 11/01/2019
10536 The First State Bank Barboursville WV 04/03/2020

The liquidation of the assets for each receivership has been completed. To the extent permitted by available funds and in accordance with law, the Receiver will be making a final dividend payment to proven creditors. Based upon the foregoing, the Receiver has determined that the continued existence of the receiverships will serve no useful purpose. Consequently, notice is given that the receiverships shall be terminated, to be effective no sooner than thirty days after the date of this notice. If any person wishes to comment concerning the termination of any of the receiverships, such comment must be made in writing, identify the receivership to which the comment pertains, and be sent within thirty days of the date of this notice to: Federal Deposit Insurance Corporation, Division of Resolutions and Receiverships, Attention: Receivership Oversight Section, 600 North Pearl, Suite 700, Dallas, TX 75201. No comments concerning the termination of the above-mentioned receiverships will be considered which are not sent within this timeframe.

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

Federal Deposit Insurance Corporation.

Dated at Washington, DC, on September 23, 2024.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2024-22144 Filed 9-26-24; 8:45 am]
BILLING CODE 6714-01-P