Notice to All Interested Parties of Intent To Terminate Receiverships

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Federal RegisterSep 30, 2021
86 Fed. Reg. 54195 (Sep. 30, 2021)

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

Fund Receivership name City State Date of appointment of receiver
10119 Venture Bank Lacey WA 09/11/2009
10184 George Washington Savings Bank Orland Park IL 02/19/2010
10192 Sun American Bank Boca Raton FL 03/05/2010
10195 The Park Avenue Bank New York NY 03/12/2010
10200 Advanta Bank Corp Draper UT 03/19/2010
10219 Broadway Bank Chicago IL 04/23/2010
10229 Eurobank San Juan PR 04/30/2010
10232 1st Pacific Bank of California San Diego CA 05/07/2010
10248 Tierone Bank Lincoln NE 06/04/2010
10250 Nevada Security Bank Reno NV 06/18/2010
10254 USA Bank Port Chester NY 07/09/2010
10263 First National Bank of the South Spartanburg SC 07/16/2010
10282 Los Padres Bank Solvang CA 08/20/2010
10430 Covenant Bank and Trust Rock Spring GA 03/23/2012
10527 Guaranty Bank Milwaukee MI 05/05/2017

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 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 Department 34.6, 1601 Bryan Street, Dallas, TX 75201.

No comments concerning the termination of the above-mentioned receiverships will be considered which are not sent within this time frame.

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

Federal Deposit Insurance Corporation.

Dated at Washington, DC, on September 27, 2021.

James P. Sheesley,

Assistant Executive Secretary.

[FR Doc. 2021-21263 Filed 9-29-21; 8:45 am]

BILLING CODE 6714-01-P