90 FR 93 pg. 20673 - Notice to All Interested Parties of Intent To Terminate Receiverships
Type: NOTICEVolume: 90Number: 93Page: 20673
Page: 20673FR document: [FR Doc. 2025-08663 Filed 5-14-25; 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.
Fund | Receivership name | City | State | Date of appointment of receiver |
---|---|---|---|---|
10536 | The First State Bank | Barboursville | WV | 04/03/2020 |
10545 | Citizens Bank | Sac City | IA | 11/03/2023 |
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 30 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 30 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 that are not sent within this timeframe.
(Authority: 12 U.S.C. 1819)
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on May 12, 2025.
Jennifer M. Jones,
Deputy Executive Secretary.
[FR Doc. 2025-08663 Filed 5-14-25; 8:45 am]
BILLING CODE 6714-01-P