2023-11385. Notice to All Interested Parties of Intent To Terminate Receivership  

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    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

    FundReceivership nameCityStateDate of appointment of receiver
    10363The Park Avenue BankValdostaGA04/29/2011

    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 thirty 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 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 this receivership 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 May 24, 2023.

    James P. Sheesley,

    Assistant Executive Secretary.

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    [FR Doc. 2023–11385 Filed 5–26–23; 8:45 am]

    BILLING CODE 6714–01–P

Document Information

Published:
05/30/2023
Department:
Federal Deposit Insurance Corporation
Entry Type:
Notice
Document Number:
2023-11385
Pages:
34501-34501 (1 pages)
PDF File:
2023-11385.pdf