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{{9-30-03 p.C-5789}}

   [12,063] In the Matter of ADP Savings Association, Fort Washington, Pennsylvania, Docket No. 03-118p (6-27-03).

   Status of bank as an insured savings association terminated.

In the Matter of
ADP SAVINGS ASSOCIATION
FORT WASHINGTON, PENNSYLVANIA
(Savings Association)
ORDER OF TERMINATION OF INSURANCE

FDIC-03-118p

   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 ADP Savings Association, Fort Washington, Pennsylvania ("ADPSA"), 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 ADPSA as an insured savings association, be, and hereby is, terminated at the expiration of December 31, 2003, 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 ADPSA notify its depositors, if any, of the termination of its insured status no later than November
{{9-30-03 p.C-5790}}

   30, 2003, in the manner required by section 308.124(c) of the FDIC's Rules of Practice and Procedure, 12 C.F.R. §308.124(c).

   Pursuant to delegated authority.

   Dated at Washington, D.C., this 27th day of June, 2003.

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Last Updated 10/2/2003 legal@fdic.gov