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FDIC Enforcement Decisions and Orders |
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Status of bank as insured federal savings bank terminated.
In the Matter of
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 Allied Houston Bank, Houston, Texas
("Insured Institution"), is not engaged in the business of
receiving deposits, other than trust funds, and issues the following
ORDER:
IT IS HEREBY ORDERED, that the status of the Insured Institution
as an insured federal savings bank be, and hereby is, terminated at the
expiration of December 31, 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 November 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 29th day of June, 2004.
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