Notice to All Interested Parties of Intent To Terminate Receivership

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Published

February 24, 2025

Issuing agencies

Federal Deposit Insurance Corporation

Full Text

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<title>Federal Register, Volume 90 Issue 35 (Monday, February 24, 2025)</title>
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[Federal Register Volume 90, Number 35 (Monday, February 24, 2025)]
[Notices]
[Page 10500]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-02952]



[[Page 10500]]

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FEDERAL DEPOSIT INSURANCE CORPORATION


Notice to All Interested Parties of Intent To Terminate 
Receivership

    Notice is hereby given that the Federal Deposit Insurance 
Corporation (FDIC or Receiver), as Receiver for the institution listed 
below, intends to terminate its receivership for said institution.

                                   Notice of Intent To Terminate Receivership
----------------------------------------------------------------------------------------------------------------
                                                                                                      Date of
            Fund              Receivership name         City                    State             appointment of
                                                                                                     receiver
----------------------------------------------------------------------------------------------------------------
10429......................  New City Bank.....  Chicago...........  IL                               03/09/2012
----------------------------------------------------------------------------------------------------------------

    The liquidation of the assets for the 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 receivership will serve no useful 
purpose. Consequently, notice is given that the receivership 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 the receivership, such comment must be made in writing, identify the 
receivership to which the comment pertains, and 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 this receivership will be 
considered that are not sent within this time frame.

(Authority: 12 U.S.C. 1819)

    Dated at Washington, DC, on February 18, 2025.
Jennifer M. Jones,
Deputy Executive Secretary. Federal Deposit Insurance Corporation.
[FR Doc. 2025-02952 Filed 2-21-25; 8:45 am]
BILLING CODE 6714-01-P


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