Notice2022-13433

Notice to All Interested Parties of Intent To Terminate 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
June 23, 2022

Issuing agencies

Federal Deposit Insurance Corporation

Full Text

<html>
<head>
<title>Federal Register, Volume 87 Issue 120 (Thursday, June 23, 2022)</title>
</head>
<body><pre>
[Federal Register Volume 87, Number 120 (Thursday, June 23, 2022)]
[Notices]
[Pages 37511-37512]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-13433]


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

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
----------------------------------------------------------------------------------------------------------------
                                                                                                      Date of
               Fund                  Receivership name           City                State          appointment
                                                                                                    of receiver
----------------------------------------------------------------------------------------------------------------
10021............................  Franklin Bank, SSB..  Houston.............  TX                     11/07/2008
10043............................  Security Savings      Henderson...........  NV                     02/27/2009
                                    Bank.
10061............................  BankUnited, FSB.....  Coral Gables........  FL                     05/21/2009
10062............................  Strategic Capital     Champaign...........  IL                     05/22/2009
                                    Bank.
10063............................  Citizens National     Macomb..............  IL                     05/22/2009
                                    Bank.
10185............................  La Jolla Bank, FSB..  La Jolla............  CA                     02/19/2010
10343............................  Charter Oak Bank....  Napa................  CA                     02/18/2011
----------------------------------------------------------------------------------------------------------------

    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

[[Page 37512]]

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 June 17, 2022.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2022-13433 Filed 6-22-22; 8:45 am]
BILLING CODE 6714-01-P


</pre></body>
</html>
Indexed from Federal Register on June 23, 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.