85 FR 22 pgs. 5958-5959 - Notice to All Interested Parties of Intent To Terminate Receiverships
Type: NOTICEVolume: 85Number: 22Pages: 5958 - 5959
Pages: 5958, 5959FR document: [FR Doc. 2020-02056 Filed 1-31-20; 8:45 am]
Agency: Federal Deposit Insurance Corporation
Official PDF Version: PDF Version
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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.
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| Fund | Receivership name | City | State | Date of appointment of receiver |
|---|---|---|---|---|
| 10528 | Fayette County Bank | Saint Elmo | IL | 05/26/2017 |
| 10170 | Town Community Bank & Trust | Antioch | IL | 01/15/2010 |
| 10194 | Libertypointe Bank | New York | NY | 03/11/2010 |
| 10284 | Shorebank | Chicago | IL | 08/20/2010 |
| 10210 | AmericanFirst Bank | Clermont | FL | 04/16/2010 |
| 10213 | First Federal Bank of North Florida | Palatka | FL | 04/16/2010 |
| 10211 | Butler Bank | Lowell | MA | 04/16/2010 |
| 10217 | Tamalpais Bank | San Rafael | CA | 04/16/2010 |
| 10235 | Towne Bank of Arizona | Mesa | AZ | 05/07/2010 |
| 10237 | New Liberty Bank | Plymouth | MI | 05/14/2010 |
| 10238 | Satilla Community Bank | Saint Marys | GA | 05/14/2010 |
| 10353 | Bartow County Bank | Cartersville | GA | 04/15/2011 |
| 10525 | Proficio Bank | Cottonwood Heights | UT | 03/03/2017 |
| 10527 | Guaranty Bank | Milwaukee | WI | 05/05/2017 |
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 Department 34.6, 1601 Bryan Street, Dallas, TX 75201.
No comments concerning the termination of the above-mentioned receiverships will be considered which are not sent within this time frame.
(Authority: 12 U.S.C. 1819)
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on January 29, 2020.
Annmarie H. Boyd,
Assistant Executive Secretary.
[FR Doc. 2020-02056 Filed 1-31-20; 8:45 am]
BILLING CODE 6714-01-P