Mr Cooper Group Inc (COOP)

[Nightdaytrader]

FDIC notice of intent to "Terminate Bank Receiverships

Of course, we're all tired of waiting on FDIC to terminate WAMU receivership... However, take a look at this 3/8/2018 FDIC notice. They are just now terminating a few small banks that were seized in 2009! If they are just getting to these small banks, makes me wonder about the huge WAMU receivership...

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Notice to All Interested Parties of Intent To Terminate Receiverships
A Notice by the Federal Deposit Insurance Corporation on 03/08/2018


DOCUMENT DETAILS
Printed version:
PDF
Publication Date:
03/08/2018
Agency:
Federal Deposit Insurance Corporation
Document Type:
Notice
Document Citation:
83 FR 9854
Page:
9854 (1 page)
Document Number:
2018-04635
DOCUMENT DETAILS
PUBLISHED DOCUMENT
Notice is hereby given that the Federal Deposit Insurance Corporation (FDIC or Receiver), as Receiver for the institutions listed below, intends to terminate its receivership for said institutions.

Fund Receivership name City State Date of appointment of receiver
10051 Great Basin Bank of Nevada Elko NV 4/17/2009
10081 BankFirst Sioux Falls SD 7/17/2009
10083 Vineyard Bank, National Association Rancho Cucamonga CA 7/17/2009
10127 American United Bank Lawrenceville GA 10/23/2009
10432 Fidelity Bank Dearborn MI 3/30/2012
10516 The Bank of Georgia Peachtree City GA 10/2/2015
10519 Trust Company Bank Memphis TN 4/29/2016
The liquidation of the assets for each receivership has been completed. To the extent permitted by available funds and in accordance with law, the Receiver will be making a final dividend payment to proven creditors.

Based upon the foregoing, the Receiver has determined that the continued existence of the receiverships will serve no useful purpose. Consequently, notice is given that the receiverships shall be terminated, to be effective no sooner than thirty days after the date of this notice. If any person wishes to comment concerning the termination of any of the receiverships, such comment must be made in writing, identify the receivership to which the comment pertains, and be sent within thirty days of the date of this notice to: Federal Deposit Insurance Corporation, Division of Resolutions and Receiverships, Attention: Receivership Oversight Department 34.6, 1601 Bryan Street, Dallas, TX 75201.

No comments concerning the termination of the above-mentioned receiverships will be considered which are not sent within this time frame.

Dated: March 5, 2018.

Federal Deposit Insurance Corporation.

Robert E. Feldman,

Executive Secretary.

[FR Doc. 2018-04635 Filed 3-7-18; 8:45 am]

BILLING CODE 6714-01-P
https://www.federalregister.gov/documents/2018/03/08/2018-04635/notice-to-all-interested-parties-of-intent-to-terminate-receiverships