FDIC terminates 3 bank receiverships

The Federal Deposit Insurance Corp. (FDIC) on Sept. 1 terminated its receiverships of three banks that were closed from 2009 to 2011, according to a Federal Register notice Wednesday.

The agency ended its receiverships of First BankAmericano, Elizabeth, N.J., which was closed July 31, 2009; Liberty Pointe Bank, New York, N.Y., which was closed March 11, 2010; and Old Harbor Bank, Clearwater, Fla., which was closed Oct. 21, 2011. All three were state-chartered, federally insured banks; the FDIC handled each in a purchase-and-assumption transaction.

The agency, according to information on its website, issued notices of intent to terminate the receiverships of First BankAmericano on June 8 and Liberty Pointe Bank on Feb. 3.

Federal Register notice