The Federal Deposit Insurance Corporation (FDIC) has officially scheduled the termination of the United Western Bank receivership for February 1, 2026. As of February 2, 2026, the receivership estate has ceased to exist as a legal entity. United Western Bank, originally based in Denver, Colorado, was closed by the Office of Thrift Supervision on January 21, 2011, and remained in receivership for 15 years while the FDIC liquidated its assets and resolved legal claims.
I know the FDIC has categorized the Receiver as being in "legal"......which means anything can happen......my experience has been that the FDIC sends out all monies for all reasons..................brings all account balances to ZERO..........then terminates the Receiver in time......(often there are super long term leases on seized properties, or annuities seized THAT CANNOT be easily transferred)...........
NO WORRIES...............I have heard the monies are being sent out............with this POS I believe and DISBELIEVE everything until I see the real MONEY......in my brokerage accounts.............aimho.............much love...................