The Federal Deposit Insurance Corporation (FDIC or Receiver), as Receiver for each of the following insured depository institutions, was charged with the duty of winding up the affairs of the former institutions and liquidating all related assets. The Receiver has fulfilled its obligations and made all dividend distributions required by law.
Notice of Termination of Receiverships
|Fund||Receivership name||City||State||Termination date|
|10235||Towne Bank of Arizona||Mesa||AZ||11/01/2020|
|10237||New Liberty Bank||Plymouth||MI||11/01/2020|
|10238||Satilla Community Bank||Saint Marys||GA||11/01/2020|
The Receiver has further irrevocably authorized and appointed FDIC-Corporate as its attorney-in-fact to execute and file any and all documents that may be required to be executed by the Receiver which FDIC-Corporate, in its sole discretion, deems necessary, including but not limited to releases, discharges, satisfactions, endorsements, assignments, and deeds. Effective on the termination dates listed above, the Receiverships have been terminated, the Receiver has been discharged, and the Receiverships have ceased to exist as legal entities.
(Authority: 12 U.S.C. 1819)
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on November 2, 2020.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2020-24597 Filed 11-4-20; 8:45 am]
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