The federal bank deposit insurer on Sept. 1 terminated six bank receiverships, stating in a Federal Register notice that it “has fulfilled its obligations and made all dividend distributions required by law.”
The six just-terminated receiverships were for County Bank, Merced, Calif. (closed in 2009); Home Federal Savings Bank, Detroit, Mich. (closed in 2009); Bank of Illinois, Normal, Ill. (closed in 2010); First Vietnamese American Bank, Westminster, Calif. (closed in 2010); Evergreen State Bank, Stoughton, Wis. (closed in 2011); and Harvest Community Bank, Pennsville, N.J. (closed in 2017).
The FDIC, in other notices, points to two more receiverships coming to an end in the near future: Citytrust, Bridgeport, Conn. (closed in 1991); and Capitol City Bank & Trust Company, Atlanta, Ga. (closed in 2015). Anyone interested in commenting on either has about 30 days to notify the FDIC.
Notice of intent to terminate receivership – Citytrust
Notice of intent to terminate receivership – Capitol City Bank & Trust