2017-24279. Notice to All Interested Parties of Intent To Terminate the Receivership of 10065, Cooperative Bank, Wilmington, North Carolina  

  • Start Preamble

    Notice is hereby given that the Federal Deposit Insurance Corporation (FDIC or Receiver) as Receiver for Cooperative Bank, Wilmington, North Carolina, intends to terminate its receivership for said institution. The FDIC was appointed Receiver of Cooperative Bank on June 19, 2009. The liquidation of the receivership assets 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 and 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, 601 Bryan Street, Dallas, TX 75201.

    No comments concerning the termination of this receivership will be considered which are not sent within this time frame.

    Start Signature

    Dated: November 3, 2017.

    Federal Deposit Insurance Corporation.

    Robert E. Feldman,

    Executive Secretary.

    End Signature End Preamble

    [FR Doc. 2017-24279 Filed 11-7-17; 8:45 am]

    BILLING CODE 6714-01-P

Document Information

Published:
11/08/2017
Department:
Federal Deposit Insurance Corporation
Entry Type:
Notice
Document Number:
2017-24279
Pages:
51833-51833 (1 pages)
PDF File:
2017-24279.pdf