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FDIC Enforcement Decisions and Orders

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{{9-30-00 p.C-2897}}
[10,682] In the Matter of City Loan Bank, Columbus, Ohio, Docket No. FDIC-92-318p (12-9-92).

   FDIC terminated insured status of Bank that is no longer in the business of receiving deposits.

In the Matter of

CITY LOAN BANK
COLUMBUS, OHIO
(Insured State Nonmember Bank)
ORDER OF TERMINATION OF INSURANCE
FDIC-92-318p
Pursuant to section 8(p) of the Federal
Deposit Insurance Act, 12 U.S.C.
§ 1818(p), the Federal Deposit
Insurance Corporation ("FDIC")
hereby finds that City Loan Bank,
Columbus, Ohio ("Insured
Institution"), is not engaged in the
business of receiving deposits, other
than trust funds, and issues the
following ORDER:

ORDER

   IT IS HEREBY ORDERED, that the status of the Insured Institution as an insured {{9-30-00 p.C-2898}}state nonmember bank be, and hereby is, terminated at the expiration of June 30, 1993, which is the last day of the first full semi-annual assessment period following the date of issuance of this ORDER.
   IT IS FURTHER ORDERED, that the Insured Institution notify its depositors, if any, of the termination of its insured status no later than May 31, 1993, in the manner required by section 308.124(c) of the FDIC's Rules and Regulations, 12 C.F.R. § 308.124(c).
   Dated at Washington, D.C., this 9th day of December, 1992.
   Pursuant to delegated authority.

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Last Updated 6/6/2003 legal@fdic.gov