80_FR_51014 80 FR 50852 - Notice to all Interested Parties of the Termination of the Receivership of 10483, Mountain National Bank, Sevierville, Tennessee

80 FR 50852 - Notice to all Interested Parties of the Termination of the Receivership of 10483, Mountain National Bank, Sevierville, Tennessee

FEDERAL DEPOSIT INSURANCE CORPORATION

Federal Register Volume 80, Issue 162 (August 21, 2015)

Page Range50852-50853
FR Document2015-20627

Federal Register, Volume 80 Issue 162 (Friday, August 21, 2015)
[Federal Register Volume 80, Number 162 (Friday, August 21, 2015)]
[Notices]
[Pages 50852-50853]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-20627]


-----------------------------------------------------------------------

FEDERAL DEPOSIT INSURANCE CORPORATION


Notice to all Interested Parties of the Termination of the 
Receivership of 10483, Mountain National Bank, Sevierville, Tennessee

    NOTICE IS HEREBY GIVEN that the Federal Deposit Insurance 
Corporation (``FDIC'') as Receiver for Mountain

[[Page 50853]]

National Bank, Sevierville, Tennessee (``the Receiver'') intends to 
terminate its receivership for said institution. The FDIC was appointed 
receiver of Mountain National Bank on June 7, 2013. The liquidation of 
the receivership assets 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 receivership will serve no useful purpose. 
Consequently, notice is given that the receivership 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 the receivership, such comment must be made in writing 
and sent within thirty days of the date of this Notice to: Federal 
Deposit Insurance Corporation, Division of Resolutions and 
Receiverships, Attention: Receivership Oversight Department 32.1, 1601 
Bryan Street, Dallas, TX 75201.
    No comments concerning the termination of this receivership will be 
considered which are not sent within this time frame.

    Dated: August 14, 2015.

Federal Deposit Insurance Corporation.
Valerie J. Best,
Assistant Executive Secretary.
[FR Doc. 2015-20627 Filed 8-20-15; 8:45 am]
 BILLING CODE 6714-01-P



                                               50852                         Federal Register / Vol. 80, No. 162 / Friday, August 21, 2015 / Notices

                                                 No comments concerning the                            Receiver will be making a final dividend              Federal Deposit Insurance Corporation.
                                               termination of this receivership will be                payment to proven creditors.                          Valerie J. Best,
                                               considered which are not sent within                       Based upon the foregoing, the                      Assistant Executive Secretary.
                                               this time frame.                                        Receiver has determined that the                      [FR Doc. 2015–20623 Filed 8–20–15; 8:45 am]
                                                 Dated: August 14, 2015.                               continued existence of the receivership               BILLING CODE 6714–01–P
                                               Federal Deposit Insurance Corporation.                  will serve no useful purpose.
                                               Valerie J. Best,                                        Consequently, notice is given that the
                                                                                                                                                             FEDERAL DEPOSIT INSURANCE
                                               Assistant Executive Secretary.                          receivership shall be terminated, to be
                                                                                                                                                             CORPORATION
                                               [FR Doc. 2015–20625 Filed 8–20–15; 8:45 am]             effective no sooner than thirty days after
                                               BILLING CODE 6714–01–P                                  the date of this Notice. If any person                Notice to All Interested Parties of the
                                                                                                       wishes to comment concerning the                      Termination of the Receivership of
                                                                                                       termination of the receivership, such                 10479, Central Arizona Bank,
                                               FEDERAL DEPOSIT INSURANCE                               comment must be made in writing and                   Scottsdale, Arizona
                                               CORPORATION                                             sent within thirty days of the date of
                                                                                                       this Notice to: Federal Deposit                          Notice is hereby given that the Federal
                                               Notice of Termination: 4650–Hamilton                                                                          Deposit Insurance Corporation (‘‘FDIC’’)
                                                                                                       Insurance Corporation, Division of
                                               Bank, N. A. Miami, Florida                                                                                    as Receiver for Central Arizona Bank,
                                                                                                       Resolutions and Receiverships,
                                                                                                                                                             Scottsdale, Arizona (‘‘the Receiver’’)
                                                  The Federal Deposit Insurance                        Attention: Receivership Oversight
                                                                                                                                                             intends to terminate its receivership for
                                               Corporation (FDIC), as Receiver for                     Department 34.6, 1601 Bryan Street,                   said institution. The FDIC was
                                               4650, Hamilton Bank, N. A., Miami,                      Dallas, TX 75201.                                     appointed receiver of Central Arizona
                                               Florida (Receiver) has been authorized                     No comments concerning the                         Bank on May 14, 2013. The liquidation
                                               to take all actions necessary to terminate              termination of this receivership will be              of the receivership assets has been
                                               the receivership estate of Hamilton                     considered which are not sent within                  completed. To the extent permitted by
                                               Bank, N. A. (Receivership Estate); The                  this time frame.                                      available funds and in accordance with
                                               Receiver has made all dividend                                                                                law, the Receiver will be making a final
                                               distributions required by law.                            Dated: August 14, 2015.
                                                                                                                                                             dividend payment to proven creditors.
                                                  The Receiver has further irrevocably                 Federal Deposit Insurance Corporation.                   Based upon the foregoing, the
                                               authorized and appointed FDIC-                          Valerie J. Best,                                      Receiver has determined that the
                                               Corporate as its attorney-in-fact to                    Assistant Executive Secretary.                        continued existence of the receivership
                                               execute and file any and all documents                  [FR Doc. 2015–20624 Filed 8–20–15; 8:45 am]           will serve no useful purpose.
                                               that may be required to be executed by                                                                        Consequently, notice is given that the
                                                                                                       BILLING CODE 6714–01–P
                                               the Receiver which FDIC-Corporate, in                                                                         receivership shall be terminated, to be
                                               its sole discretion, deems necessary;                                                                         effective no sooner than thirty days after
                                               including but not limited to releases,                                                                        the date of this Notice. If any person
                                                                                                       FEDERAL DEPOSIT INSURANCE
                                               discharges, satisfactions, endorsements,                                                                      wishes to comment concerning the
                                                                                                       CORPORATION
                                               assignments and deeds.                                                                                        termination of the receivership, such
                                                  Effective August 1, 2015 the                         Notice of Termination; 10320—                         comment must be made in writing and
                                               Receivership Estate has been                            Chestatee State Bank Dawsonville, GA                  sent within thirty days of the date of
                                               terminated, the Receiver discharged,                                                                          this Notice to: Federal Deposit
                                               and the Receivership Estate has ceased                     The Federal Deposit Insurance                      Insurance Corporation, Division of
                                               to exist as a legal entity.                             Corporation (FDIC), as Receiver for                   Resolutions and Receiverships,
                                                 Dated: August 13, 2015.                               10320—Chestatee State Bank,                           Attention: Receivership Oversight
                                               Federal Deposit Insurance Corporation.                  Dawsonville, Georgia (Receiver) has                   Department 34.6, 1601 Bryan Street,
                                               Valerie J. Best,                                        been authorized to take all actions                   Dallas, TX 75201.
                                                                                                       necessary to terminate the receivership                  No comments concerning the
                                               Assistant Executive Secretary.
                                                                                                                                                             termination of this receivership will be
                                               [FR Doc. 2015–20622 Filed 8–20–15; 8:45 am]             estate of Chestatee State Bank, N. A.
                                                                                                                                                             considered which are not sent within
                                               BILLING CODE P                                          (Receivership Estate). The Receiver has
                                                                                                                                                             this time frame.
                                                                                                       made all dividend distributions
                                                                                                       required by law.                                        Dated: August 14, 2015.
                                               FEDERAL DEPOSIT INSURANCE                                                                                     Federal Deposit Insurance Corporation.
                                                                                                          The Receiver has further irrevocably
                                               CORPORATION                                             authorized and appointed FDIC-                        Valerie J. Best,
                                                                                                       Corporate as its attorney-in-fact to                  Assistant Executive Secretary.
                                               Notice to All Interested Parties of the                                                                       [FR Doc. 2015–20626 Filed 8–20–15; 8:45 am]
                                               Termination of the Receivership of                      execute and file any and all documents
                                               10420, BankEast, Knoxville, Tennessee                   that may be required to be executed by                BILLING CODE 6714–01–P

                                                                                                       the Receiver which FDIC-Corporate, in
                                                 Notice is hereby given that the Federal               its sole discretion, deems necessary;
                                               Deposit Insurance Corporation (‘‘FDIC’’)                including but not limited to releases,                FEDERAL DEPOSIT INSURANCE
                                               as Receiver for BankEast, Knoxville,                                                                          CORPORATION
                                                                                                       discharges, satisfactions, endorsements,
                                               Tennessee (‘‘the Receiver’’) intends to                 assignments and deeds.
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                                                                                                                                                             Notice to all Interested Parties of the
                                               terminate its receivership for said
                                                                                                          Effective August 1, 2015 the                       Termination of the Receivership of
                                               institution. The FDIC was appointed
                                                                                                       Receivership Estate has been                          10483, Mountain National Bank,
                                               receiver of BankEast on January 27,
                                                                                                       terminated, the Receiver discharged,                  Sevierville, Tennessee
                                               2012. The liquidation of the
                                               receivership assets has been completed.                 and the Receivership Estate has ceased                   NOTICE IS HEREBY GIVEN that the
                                               To the extent permitted by available                    to exist as a legal entity.                           Federal Deposit Insurance Corporation
                                               funds and in accordance with law, the                     Dated: August 13, 2015.                             (‘‘FDIC’’) as Receiver for Mountain


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                                                                             Federal Register / Vol. 80, No. 162 / Friday, August 21, 2015 / Notices                                         50853

                                               National Bank, Sevierville, Tennessee                   ADDRESSES:   Comments on members’                        Under the regulation, as amended
                                               (‘‘the Receiver’’) intends to terminate its             community support performance should                  effective June 29, 2015, FHFA reviews
                                               receivership for said institution. The                  be submitted to FHFA by electronic                    all applicable members in 2015 and
                                               FDIC was appointed receiver of                          mail at                                               every two years afterwards. FHFA is
                                               Mountain National Bank on June 7,                       hmgcommunitysupportprogram@                           currently in transition to this new
                                               2013. The liquidation of the                            fhfa.gov or by fax to 202–649–4130.                   schedule beginning in 2015, and has
                                               receivership assets has been completed.                 FOR FURTHER INFORMATION CONTACT:                      already reviewed the community
                                               To the extent permitted by available                    Melissa Allen, Principal Program                      support performance of a significant
                                               funds and in accordance with law, the                   Analyst, at hmgcommunity                              number of Bank members during the
                                               Receiver will be making a final dividend                supportprogram@fhfa.gov or 202–658–                   2014–15 review cycle that FHFA
                                               payment to proven creditors.                            9266, Office of Housing and Community                 conducted under the previous
                                                  Based upon the foregoing, the                        Investment, Division of Housing                       regulation. Consequently, during the
                                               Receiver has determined that the                        Mission and Goals, Federal Housing                    balance of 2015, FHFA is reviewing the
                                               continued existence of the receivership                 Finance Agency, Ninth Floor, 400                      community support performance of
                                               will serve no useful purpose.                           Seventh Street SW., Washington, DC                    applicable members that have not
                                               Consequently, notice is given that the                  20024.                                                already submitted Community Support
                                               receivership shall be terminated, to be                                                                       Statements during the 2014–15 cycle. 12
                                                                                                       SUPPLEMENTARY INFORMATION:
                                               effective no sooner than thirty days after                                                                    CFR 1290.2(b)(2).
                                               the date of this Notice. If any person                  I. Community Support Review                           II. Public Comments
                                               wishes to comment concerning the                           Section 10(g)(1) of the Federal Home
                                               termination of the receivership, such                                                                            FHFA encourages the public to
                                                                                                       Loan Bank Act (Bank Act) requires                     submit comments on the community
                                               comment must be made in writing and                     FHFA to promulgate regulations
                                               sent within thirty days of the date of                                                                        support performance of Bank members,
                                                                                                       establishing standards of community                   on or before December 31, 2015. Under
                                               this Notice to: Federal Deposit                         investment or service that Bank
                                               Insurance Corporation, Division of                                                                            the amended regulation, each Bank has
                                                                                                       members must meet in order to                         notified its Advisory Council, nonprofit
                                               Resolutions and Receiverships,                          maintain access to long-term Bank
                                               Attention: Receivership Oversight                                                                             housing developers, community groups,
                                                                                                       advances. See 12 U.S.C. 1430(g)(1). The               and other interested parties in its
                                               Department 32.1, 1601 Bryan Street,                     regulations promulgated by FHFA must                  district, and has posted a notice on its
                                               Dallas, TX 75201.                                       take into account factors such as the                 public Web site of the opportunity to
                                                  No comments concerning the                           Bank member’s performance under the                   submit comments on the community
                                               termination of this receivership will be                Community Reinvestment Act of 1977                    support programs and activities of Bank
                                               considered which are not sent within                    (CRA), 12 U.S.C. 2901 et seq., and the                members, with the name and address of
                                               this time frame.                                        Bank member’s record of lending to                    each member subject to community
                                                 Dated: August 14, 2015.                               first-time homebuyers. See 12 U.S.C.                  support review. 12 CFR 1290.2(c)(1). In
                                               Federal Deposit Insurance Corporation.                  1430(g)(2). Pursuant to section 10(g) of              reviewing a member for community
                                               Valerie J. Best,                                        the Bank Act, FHFA has promulgated a                  support compliance, FHFA will
                                               Assistant Executive Secretary.
                                                                                                       community support requirements                        consider any public comments it has
                                                                                                       regulation that establishes standards a               received concerning the member. 12
                                               [FR Doc. 2015–20627 Filed 8–20–15; 8:45 am]
                                                                                                       Bank member must meet in order to                     CFR 1290.2(c)(3). To ensure
                                               BILLING CODE 6714–01–P
                                                                                                       maintain access to long-term advances,                consideration by FHFA, comments
                                                                                                       and establishes review criteria FHFA                  concerning the community support
                                                                                                       must apply in evaluating a member’s                   performance of members being reviewed
                                               FEDERAL HOUSING FINANCE                                 community support performance. See                    in 2015 must be submitted to FHFA,
                                               AGENCY                                                  12 CFR part 1290. The regulation                      either by electronic mail to
                                                                                                       includes standards and criteria for the               hmgcommunitysupportprogram@
                                               [No. 2015–N–6]
                                                                                                       two statutory factors—members’ CRA                    fhfa.gov, or by fax to 202–649–4130, on
                                               Federal Home Loan Bank Community                        performance and members’ record of                    or before December 31, 2015. 12 CFR
                                               Support Program—Opportunity To                          lending to first-time homebuyers. 12                  1290.2(c)(2).
                                               Comment on Members Subject To                           CFR 1290.3. Only members subject to                      The names of applicable members
                                               Review                                                  the CRA must meet the CRA standard.                   currently subject to Community Support
                                                                                                       12 CFR 1290.3(b). All members subject                 review can be found on the public Web
                                               AGENCY: Federal Housing Finance                         to community support review, including                sites for the individual Banks at:
                                               Agency.                                                 those not subject to the CRA, must meet               Federal Home Loan Bank of Boston—
                                               ACTION: Notice.                                         the first-time homebuyer standard. 12                    District 1 (Connecticut,
                                                                                                       CFR 1290.3(c). Members that have been                    Massachusetts, New Hampshire,
                                               SUMMARY:   The Federal Housing Finance                  certified as community development                       Rhode Island, Vermont) http://
                                               Agency (FHFA) is announcing that                        financial institutions (CDFIs) are                       www.fhlbboston.com/
                                               FHFA will review all applicable Federal                 deemed to be in compliance with the                      communitydevelopment/programs/
                                               Home Loan Bank (Bank) members in                        community support requirements and                       support_statements.jsp
                                               2015 under FHFA’s community support                     are not subject to periodic community                 Federal Home Loan Bank of New York—
                                               requirements regulation. This Notice                    support review, unless the CDFI                          District 2 (New Jersey, New York,
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                                               invites the public to comment on the                    member is also an insured depository                     Puerto Rico) http://www.fhlbny.com/
                                               community support performance of                        institution or a CDFI credit union. 12                   news-events/bulletins-memos/prior-
                                               individual members.                                     CFR 1290.2(d). In addition, FHFA will                    bulletins-memos/2015/bulletin
                                               DATES: Public comments on individual                    not review an institution’s community                    062915.aspx
                                               Bank members’ community support                         support performance until it has been a               Federal Home Loan Bank of
                                               performance must be submitted to                        Bank member for at least one year. 12                    Pittsburgh—District 3 (Delaware,
                                               FHFA on or before December 31, 2015.                    CFR 1290.2(e).                                           Pennsylvania, West Virginia) http://


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Document Created: 2018-02-23 11:00:51
Document Modified: 2018-02-23 11:00:51
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
FR Citation80 FR 50852 

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