Receiverships of closed banks in NM, AR, GA, KS terminated by FDIC

The receiverships of four banks closed in 2010, 2011, and 2017 were terminated Aug. 1 by the Federal Deposit Insurance Corp. (FDIC), the FDIC said in a Federal Registernotice published Wednesday.

The agency was charged with 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,” the notice states.

The terminated receiverships are for the following:

  • Charter Bank, Sante Fe, N.M. (closed in January 2010);
  • First Southern Bank, Batesville, Ark. (closed in December 2010);
  • Atlantic Southern Bank, Macon, Ga. (closed in May 2011); and
  • The F & M [Farmers & Merchants] State Bank of Argonia, Argonia, Kan. (closed in October 2017).

Notice of Termination of Receiverships