Page 7 - February 2017 Regulatory Review
P. 7
FDIC has issued a notice to announce it intends will be making a final dividend payment to
to terminate the receivership of CapitalSouth proven creditors. The Receiver has determined
Bank, Birmingham, Alabama. FDIC was that the continued existence of the receivership
appointed receiver of CapitalSouth Bank on will serve no useful purpose. Consequently,
08/21/2009. The liquidation of the receivership notice is given that the receivership shall be
assets has been completed. To the extent terminated, to be effective no sooner than thirty
permitted by available funds and in accordance days after the date of the notice. If any person
with law, the Receiver will be making a final wishes to comment concerning the termination
dividend payment to proven creditors. The of the receivership, such comment must be made
Receiver has determined that the continued in writing and sent within thirty days of the date
existence of the receivership will serve no useful of the notice to: Federal Deposit Insurance
purpose. Consequently, notice is given that the Corporation, Division of Resolutions and
receivership shall be terminated, to be effective Receiverships, Attention: Receivership
no sooner than thirty days after the date of the Oversight Department 32.1, 1601 Bryan Street,
notice. If any person wishes to comment Dallas, TX 75201. No comments concerning the
concerning the termination of the receivership, termination of this receivership will be
such comment must be made in writing and sent considered which are not sent within this
within thirty days of the date of the notice to: timeframe. The notice may be viewed at:
Federal Deposit Insurance Corporation, Division https://www.gpo.gov/fdsys/pkg/FR-2017-02-
of Resolutions and Receiverships, Attention: 09/pdf/2017-02632.pdf. Federal Register, Vol.
Receivership Oversight Department 32.1, 1601 82, No. 26, 02/09/2017, 10008.
Bryan Street, Dallas, TX 75201. No comments
concerning the termination of this receivership FDIC has issued a notice to announce it has been
will be considered which are not sent within this authorized to take all actions necessary to
timeframe. The notice may be viewed at: terminate the receivership estate of Coastal
https://www.gpo.gov/fdsys/pkg/FR-2017-01- Community Bank, Panama City Beach, Florida
25/pdf/2017-01659.pdf. Federal Register, Vol. (Receivership Estate). The Receiver has made all
82, No. 15, 01/25/2017, 8424. dividend distributions required by law. The
Receiver has further irrevocably authorized and
FDIC has issued a notice to announce it has been appointed FDIC-Corporate as its attorney-in-fact
authorized to take all actions necessary to to execute and file any and all documents that
terminate the receivership estate of Mountain may be required to be executed by the Receiver
Heritage Bank, Clayton, Georgia (Receivership which FDIC-Corporate, in its sole discretion,
Estate). The Receiver has made all dividend deems necessary; including but not limited to
distributions required by law. The Receiver has releases, discharges, satisfactions, endorsements,
further irrevocably authorized and appointed assignments and deeds. Effective 02/01/2017,
FDIC-Corporate as its attorney-in-fact to execute the Receivership Estate has been terminated, the
and file any and all documents that may be Receiver discharged, and the Receivership Estate
required to be executed by the Receiver which has ceased to exist as a legal entity. The notice
FDIC-Corporate, in its sole discretion, deems may be viewed at:
necessary; including but not limited to releases, https://www.gpo.gov/fdsys/pkg/FR-2017-02-
discharges, satisfactions, endorsements, 09/pdf/2017-02631.pdf. Federal Register, Vol.
assignments and deeds. Effective 02/01/2017, 82, No. 26, 02/09/2017, 10007.
the Receivership Estate has been terminated, the
Receiver discharged, and the Receivership Estate FDIC has issued a notice to announce it has been
has ceased to exist as a legal entity. The notice authorized to take all actions necessary to
may be viewed at: terminate the receivership estate of Key West
https://www.gpo.gov/fdsys/pkg/FR-2017-02- Bank, Key West, Florida (Receivership Estate).
09/pdf/2017-02631.pdf. Federal Register, Vol. The Receiver has made all dividend distributions
82, No. 26, 02/09/2017, 10007. required by law. The Receiver has further
irrevocably authorized and appointed FDIC-
FDIC has issued a notice to announce it intends Corporate as its attorney-in-fact to execute and
to terminate the receivership of Creekside Bank, file any and all documents that may be required
Woodstock, Gerogia. FDIC was appointed to be executed by the Receiver which FDIC-
receiver of Creekside Bank on 09/02/2011. The Corporate, in its sole discretion, deems
liquidation of the receivership assets has been necessary; including but not limited to releases,
completed. To the extent permitted by available discharges, satisfactions, endorsements,
funds and in accordance with law, the Receiver assignments and deeds. Effective 02/01/2017,
4
