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{{11-30-03 p.C-5321}}

   [11,885] In the Matter of Commercial Bank of New York, New York, New York, Docket No. 01-169q (1-7-02).

   Status of bank as insured state nonmember bank terminated.

In the Matter of
COMMERCIAL BANK OF NEW YORK
NEW YORK CITY, NEW YORK
(Insured State Nonmember Bank)
ORDER OF APPROVAL OF TERMINATION OF INSURANCE

FDIC-01-169q

   Pursuant to section 8(q) of the Federal Deposit Insurance Act (the "Act"), 12 U.S.C. §1818(q), and section 18(i)(3) of the Act, 12 U.S.C. §1828(i)(3), the Federal Deposit Insurance Corporation ("FDIC"), having found that North Fork Bank, Mattituck, New York ("Assuming Institution"), has provided to the FDIC on November 28, 2001, satisfactory evidence that it has assumed the liabilities for deposits of Commercial Bank of New York, New York City, New York ("Insured Institution"), as of November 9, 2001, as required by section 307.1 of the FDIC's Rules and Regulations, 12 C.F.R. §307.1, and that Assuming Institution has notified Insured Institution's depositors of its assumption of their deposits, hereby 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 as of November 28, 2001.

   IT IS FURTHER ORDERED, that the separate insurance of all deposits assumed by Assuming Institution from Insured Institution shall terminate at the expiration of May 9, 2002, or, in the case of any time deposit, the earliest maturity date after May 9, 2002, 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 7th day of January, 2002.

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Last Updated 12/7/2003 legal@fdic.gov