90 FR 24 pgs. 9080-9081 - Notice to All Interested Parties of Intent To Terminate Receiverships

Type: NOTICEVolume: 90Number: 24Pages: 9080 - 9081
FR document: [FR Doc. 2025-02310 Filed 2-5-25; 8:45 am]
Agency: Federal Deposit Insurance Corporation
Official PDF Version:  PDF Version
Pages: 9080, 9081

[top] page 9080

FEDERAL DEPOSIT INSURANCE CORPORATION

Notice to All Interested Parties of Intent To Terminate Receiverships


[top] 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. page 9081

Fund Receivership name City State Date of appointment of receiver
10063 Citizens National Bank Macomb IL 05/22/2009
10166 Independent Bankers' Bank Springfield IL 12/18/2009
10525 Proficio Bank Cottonwood Heights UT 03/03/2017
10530 Washington Federal Bank for Savings Chicago IL 12/15/2017
10534 City National Bank New Jersey Newark NJ 11/01/2019

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 February 3, 2025.

Jennifer M. Jones,

Deputy Executive Secretary.

[FR Doc. 2025-02310 Filed 2-5-25; 8:45 am]

BILLING CODE 6714-01-P