81_FR_79029 81 FR 78812 - Notice to All Interested Parties of Intent To Terminate the Receivership of 10049, Cape Fear Bank, Wilmington, North Carolina

81 FR 78812 - Notice to All Interested Parties of Intent To Terminate the Receivership of 10049, Cape Fear Bank, Wilmington, North Carolina

FEDERAL DEPOSIT INSURANCE CORPORATION

Federal Register Volume 81, Issue 217 (November 9, 2016)

Page Range78812-78812
FR Document2016-27087

Federal Register, Volume 81 Issue 217 (Wednesday, November 9, 2016)
[Federal Register Volume 81, Number 217 (Wednesday, November 9, 2016)]
[Notices]
[Page 78812]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-27087]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Notice to All Interested Parties of Intent To Terminate the 
Receivership of 10049, Cape Fear Bank, Wilmington, North Carolina

    Notice Is Hereby Given that the Federal Deposit Insurance 
Corporation (``FDIC'') as Receiver for Cape Fear Bank, Wilmington, 
North Carolina (``the Receiver''), intends to terminate its 
receivership for said institution. The FDIC was appointed receiver of 
Cape Fear Bank on April 10, 2009. 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 34.6, 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: November 4, 2016.

Federal Deposit Insurance Corporation.
Valerie J. Best,
Assistant Executive Secretary.
[FR Doc. 2016-27087 Filed 11-8-16; 8:45 am]
 BILLING CODE 6714-01-P



                                                78812                    Federal Register / Vol. 81, No. 217 / Wednesday, November 9, 2016 / Notices

                                                FEDERAL DEPOSIT INSURANCE                               discharged, and the Receivership Estate               FEDERAL RESERVE SYSTEM
                                                CORPORATION                                             has ceased to exist as a legal entity.
                                                                                                                                                              Change in Bank Control Notices;
                                                                                                          Dated: November 4, 2016.
                                                Notice of Termination of the                                                                                  Acquisitions of Shares of a Bank or
                                                Receivership of 10438, Plantation                       Federal Deposit Insurance Corporation.                Bank Holding Company
                                                Federal Bank, Pawleys Island, South                     Valerie J. Best,
                                                Carolina                                                                                                        The notificants listed below have
                                                                                                        Assistant Executive Secretary.                        applied under the Change in Bank
                                                                                                        [FR Doc. 2016–27085 Filed 11–8–16; 8:45 am]           Control Act (12 U.S.C. 1817(j)) and
                                                   The Federal Deposit Insurance
                                                Corporation (‘‘FDIC’’), as Receiver for                 BILLING CODE 6714–01–P                                § 225.41 of the Board’s Regulation Y (12
                                                10438, Plantation Federal Bank,                                                                               CFR 225.41) to acquire shares of a bank
                                                Pawleys Island, South Carolina                                                                                or bank holding company. The factors
                                                (‘‘Receiver’’), has been authorized to                  FEDERAL DEPOSIT INSURANCE                             that are considered in acting on the
                                                take all actions necessary to terminate                 CORPORATION                                           notices are set forth in paragraph 7 of
                                                the receivership estate of Plantation                                                                         the Act (12 U.S.C. 1817(j)(7)).
                                                                                                        Notice to All Interested Parties of                     The notices are available for
                                                Federal Bank (‘‘Receivership Estate’’);
                                                the Receiver has made all dividend                      Intent To Terminate the Receivership                  immediate inspection at the Federal
                                                distributions required by law. The                      of 10049, Cape Fear Bank, Wilmington,                 Reserve Bank indicated. The notices
                                                Receiver has further irrevocably                        North Carolina                                        also will be available for inspection at
                                                authorized and appointed FDIC-                                                                                the offices of the Board of Governors.
                                                Corporate as its attorney-in-fact to                       Notice Is Hereby Given that the                    Interested persons may express their
                                                execute and file any and all documents                  Federal Deposit Insurance Corporation                 views in writing to the Reserve Bank
                                                that may be required to be executed by                  (‘‘FDIC’’) as Receiver for Cape Fear                  indicated for that notice or to the offices
                                                the Receiver which FDIC-Corporate, in                   Bank, Wilmington, North Carolina (‘‘the               of the Board of Governors. Comments
                                                its sole discretion, deems necessary;                   Receiver’’), intends to terminate its                 must be received not later than
                                                including but not limited to releases,                  receivership for said institution. The                November 25, 2016.
                                                discharges, satisfactions, endorsements,                FDIC was appointed receiver of Cape                     A. Federal Reserve Bank of Chicago
                                                assignments and deeds. Effective                        Fear Bank on April 10, 2009. The                      (Colette A. Fried, Assistant Vice
                                                November 1, 2016, the Receivership                      liquidation of the receivership assets                President) 230 South LaSalle Street,
                                                Estate has been terminated, the Receiver                has been completed. To the extent                     Chicago, Illinois 60690–1414:
                                                discharged, and the Receivership Estate                 permitted by available funds and in                     1. Derek S. Nolan, Parker, South
                                                has ceased to exist as a legal entity.                  accordance with law, the Receiver will                Dakota; individually and acting in
                                                                                                        be making a final dividend payment to                 concert with Donald D. Nolan, Parker,
                                                  Dated: November 4, 2016.                                                                                    South Dakota, to acquire voting shares
                                                Federal Deposit Insurance Corporation.                  proven creditors.
                                                                                                                                                              of First State Associates, Inc.,
                                                Valerie J. Best,                                           Based upon the foregoing, the                      Hawarden, Iowa, and thereby control
                                                Assistant Executive Secretary.                          Receiver has determined that the                      First State Bank, Hawarden, Iowa;
                                                [FR Doc. 2016–27086 Filed 11–8–16; 8:45 am]
                                                                                                        continued existence of the receivership               Farmers State Bank, Marion, South
                                                                                                        will serve no useful purpose.                         Dakota; and Miner County Bank,
                                                BILLING CODE 6714–01–P
                                                                                                        Consequently, notice is given that the                Howard, South Dakota.
                                                                                                        receivership shall be terminated, to be                 Board of Governors of the Federal Reserve
                                                FEDERAL DEPOSIT INSURANCE                               effective no sooner than thirty days after            System, November 3, 2016.
                                                CORPORATION                                             the date of this Notice. If any person                Yao-Chin Chao,
                                                                                                        wishes to comment concerning the                      Assistant Secretary of the Board.
                                                Notice of the Termination of the                        termination of the receivership, such                 [FR Doc. 2016–27061 Filed 11–8–16; 8:45 am]
                                                Recieverhsip of 10373, Colorado                         comment must be made in writing and                   BILLING CODE 6210–01–P
                                                Capital Bank, Castle Rock, Colorado                     sent within thirty days of the date of
                                                                                                        this Notice to: Federal Deposit
                                                   The Federal Deposit Insurance
                                                                                                        Insurance Corporation, Division of                    FEDERAL RESERVE SYSTEM
                                                Corporation (‘‘FDIC’’), as Receiver for
                                                                                                        Resolutions and Receiverships,
                                                10373, Colorado Capital Bank, Castle                                                                          Formations of, Acquisitions by, and
                                                Rock, Colorado (‘‘Receiver’’), has been                 Attention: Receivership Oversight
                                                                                                        Department 34.6, 1601 Bryan Street,                   Mergers of Bank Holding Companies
                                                authorized to take all actions necessary
                                                to terminate the receivership estate of                 Dallas, TX 75201.                                       The companies listed in this notice
                                                Colorado Capital Bank (‘‘Receivership                      No comments concerning the                         have applied to the Board for approval,
                                                Estate’’); the Receiver has made all                    termination of this receivership will be              pursuant to the Bank Holding Company
                                                dividend distributions required by law.                 considered which are not sent within                  Act of 1956 (12 U.S.C. 1841 et seq.)
                                                The Receiver has further irrevocably                    this time frame.                                      (BHC Act), Regulation Y (12 CFR part
                                                authorized and appointed FDIC-                                                                                225), and all other applicable statutes
                                                                                                          Dated: November 4, 2016.
                                                Corporate as its attorney-in-fact to                                                                          and regulations to become a bank
                                                execute and file any and all documents                  Federal Deposit Insurance Corporation.                holding company and/or to acquire the
                                                that may be required to be executed by                  Valerie J. Best,                                      assets or the ownership of, control of, or
sradovich on DSK3GMQ082PROD with NOTICES




                                                the Receiver which FDIC-Corporate, in                   Assistant Executive Secretary.                        the power to vote shares of a bank or
                                                its sole discretion, deems necessary;                   [FR Doc. 2016–27087 Filed 11–8–16; 8:45 am]           bank holding company and all of the
                                                including but not limited to releases,                  BILLING CODE 6714–01–P                                banks and nonbanking companies
                                                discharges, satisfactions, endorsements,                                                                      owned by the bank holding company,
                                                assignments and deeds. Effective                                                                              including the companies listed below.
                                                November 1, 2016, the Receivership                                                                              The applications listed below, as well
                                                Estate has been terminated, the Receiver                                                                      as other related filings required by the


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Document Created: 2016-11-09 01:39:48
Document Modified: 2016-11-09 01:39:48
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 Citation81 FR 78812 

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