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FDIC Enforcement Decisions and Orders

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{{1-31-04 p.C-5913}}

   [12,118] In the Matter of CIBC National Bank, Maitland, Florida, Docket No. 03-132p (10-28-03).

   Status of bank as an insured national bank is terminated.

In the Matter of
CIBC NATIONAL BANK
MAITLAND, FLORIDA
(Insured National Bank)
ORDER OF TERMINATION OF INSURANCE

FDIC-03-132p

   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 CIBC National Bank, Maitland, Florida ("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
{{1-31-04 p.C-5914}}

   national bank be, and hereby is, terminated at the expiration of June 30, 2004, 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 June 30, 2004, 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 28th day of October, 2003.

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Last Updated 2/7/2004 legal@fdic.gov

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