2020-02056. Notice to All Interested Parties of Intent To Terminate Receiverships  

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    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

    FundReceivership nameCityStateDate of appointment of receiver
    10528Fayette County BankSaint ElmoIL05/26/2017
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    10170Town Community Bank & TrustAntiochIL01/15/2010
    10194Libertypointe BankNew YorkNY03/11/2010
    10284ShorebankChicagoIL08/20/2010
    10210AmericanFirst BankClermontFL04/16/2010
    10213First Federal Bank of North FloridaPalatkaFL04/16/2010
    10211Butler BankLowellMA04/16/2010
    10217Tamalpais BankSan RafaelCA04/16/2010
    10235Towne Bank of ArizonaMesaAZ05/07/2010
    10237New Liberty BankPlymouthMI05/14/2010
    10238Satilla Community BankSaint MarysGA05/14/2010
    10353Bartow County BankCartersvilleGA04/15/2011
    10525Proficio BankCottonwood HeightsUT03/03/2017
    10527Guaranty BankMilwaukeeWI05/05/2017

    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)

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    Federal Deposit Insurance Corporation.

    Dated at Washington, DC, on January 29, 2020.

    Annmarie H. Boyd,

    Assistant Executive Secretary.

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    [FR Doc. 2020-02056 Filed 1-31-20; 8:45 am]

    BILLING CODE 6714-01-P

Document Information

Published:
02/03/2020
Department:
Federal Deposit Insurance Corporation
Entry Type:
Notice
Document Number:
2020-02056
Pages:
5958-5959 (2 pages)
PDF File:
2020-02056.pdf