FDIC terminates five bank receiverships

The federal bank deposit insurer on Feb. 1 terminated its receiverships of five banks that were closed in 2009, 2010, and 2014.

The Federal Deposit Insurance Corp. (FDIC), in a notice sent to the Federal Register, said it terminated its receiverships of the following:

  • The Buckhead Community Bank, Atlanta (closed in December 2009);
  • Sun West Bank, Las Vegas (closed in May 2010)
  • Palos Bank And Trust Company, Palos Heights, Ill. (closed in August 2010)
  • Imperial Savings & Loan Association, Martinsville, Va. (closed in August 2010)
  • Valley Bank, Moline, Ill. (closed in June 2014).

Notice of termination of receiverships