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{{6-30-04 p.C-6031}

   [12,173] In the Matter of Valley Bank, Auburn, Washington, Docket No. 04-042q (4-7-04).

   Status of bank as an insured state member bank terminated.

In the Matter of
VALLEY BANK
AUBURN, WASHINGTON
(Insured State Nonmember Bank)
ORDER OF APPROVAL OF TERMINATION OF INSURANCE

FDIC-04-042q

   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 Puyallup Valley Bank, Puyallup, Washington (now known as "Valley Bank"), has provided to the FDIC on March 4, 2004, satisfactory evidence that it has assumed the liabilities for deposits of Valley Bank, Auburn, Washington ("Insured Institution"), as of January 17, 2003, as required by section 307.1 of the FDIC's Rules and Regulations, 12 C.F.R. §307.1, and that Valley Bank has notified the 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 March 4, 2004.

   Pursuant to delegated authority.

   Dated at Washington, D.C., this 7th day of April, 2004.

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Last Updated 7/11/2004 legal@fdic.gov