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{{5-31-02 p.C-5107}}

   [11,780] In the Matter of Peoples Bank of Murray Ky., Murray, Kentucky, Docket No. 01-030q (4-3-01)

   Status of bank as insured state nonmember bank terminated.

In the Matter of
PEOPLES BANK OF MURRAY, KY.
MURRAY, KENTUCKY
(Insured State Nonmember Bank)
ORDER OF APPROVAL OF TERMINATION OF INSURANCE

FDIC-01-030q

   Pursuant to section 8(q) of the Federal Deposit Insurance Act (the "Act"), 12 U.S.C. §1818(q), the Federal Deposit Insurance Corporation ("FDIC"), having found that Area Bank, Owensboro, Kentucky ("Area Bank"), has provided to the FDIC on March 8, 2001, satisfactory evidence that it has assumed the liabilities for deposits of Peoples Bank of Murray, Ky., Murray, Kentucky ("Peoples Bank"), as of August 18, 2000, as required by section 307.1 of the FDIC's Rules and Regulations, 12 C.F.R. §307.1, and that Area Bank has notified Peoples Bank's depositors of its assumption of their deposits, hereby issues the following ORDER:

ORDER

   IT IS HEREBY ORDERED, that the status of Peoples Bank as an insured state nonmember bank be, and hereby is, terminated as of March 8, 2001.

   IT IS FURTHER ORDERED, that the separate insurance of all deposits assumed by Area Bank from Peoples Bank shall terminate at the expiration of February 18, 2001, or, in the case of any time deposit, the earliest maturity date after February 18, 2001, as provided in section 8(q) of the Act, 12 U.S.C. §1818(q).

   Pursuant to delegated authority.

   Dated at Washington, D.C., this 3rd day of April, 2001.

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