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{{10-31-00 p.C-4338}}
   [11,403] In the Matter of River Bank America, New York, N.Y., FDIC Docket No. 97-008p (4-14-97)

   FDIC terminates insured status of bank that no longer receives deposits, other than trust funds.
In the Matter of

RIVER BANK AMERICA
NEW YORK,NEW YORK
(Insured State Nonmember Bank)
ORDER OF TERMINATION OF
INSURANCE

FDIC-97-008p

   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 River Bank America, New York, New York ("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 state nonmember bank be, and hereby is, terminated at the expiration of December 31, 1997, which is the last day of the first full semiannual 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 November 30, 1997, in the manner required by section 308.124(c) of the FDIC's Rules and Regulations, 12 C.F.R. § 308.124(c).
   Pursuant to delegated authority.
   Dated at Washington, D.C., this 14th day of April 1997.

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