Notice of Termination of Receiverships

Primary source

Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.

Published

April 7, 2022

Issuing agencies

Federal Deposit Insurance Corporation

Full Text

<html>
<head>
<title>Federal Register, Volume 87 Issue 67 (Thursday, April 7, 2022)</title>
</head>
<body><pre>
[Federal Register Volume 87, Number 67 (Thursday, April 7, 2022)]
[Notices]
[Pages 20403-20404]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-07331]


=======================================================================
-----------------------------------------------------------------------

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.

[[Page 20404]]



                                     Notice of Termination of Receiverships
----------------------------------------------------------------------------------------------------------------
                                                                                                    Termination
              Fund                  Receivership name             City                State            date
----------------------------------------------------------------------------------------------------------------
10430..........................  Covenant Bank and       Rock Spring..........  GA                    04/01/2022
                                  Trust.
10444..........................  Waccamaw Bank.........  Whiteville...........  NC                    04/01/2022
10467..........................  Community Bank of the   Sunrise Beach........  MO                    04/01/2022
                                  Ozarks.
----------------------------------------------------------------------------------------------------------------

    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)

    Dated at Washington, DC, on April 1, 2022.

Federal Deposit Insurance Corporation.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2022-07331 Filed 4-6-22; 8:45 am]
BILLING CODE 6714-01-P


</pre></body>
</html>

View on FederalRegister.gov →Plain-text source

Indexed from Federal Register on April 7, 2022.

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.