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FDIC Enforcement Decisions and Orders

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{{4-1-90 p.TC-46}}
   [15,159] Docket No. FDIC-87-69b (9-6-90)

In the Matter of

CURRIE STATE BANK
CURRIE, MINNESOTA
(Insured State Nonmember Bank)
ORDER TERMINATING
PROCEEDING

FDIC-87-69b

   WHEREAS, the United States Court of Appeals for the Eighth Circuit, in Currie State Bank, Currie, Minnesota, et.al. v. Federal Deposit Insurance Corporation, Docket No. 88-5261, set aside the Order to Cease and Desist, Docket No. FDIC-87-69b, issued against the Currie State Bank, Currie, Minnesota ("Bank"), and remanded the matter for formal hearing pursuant to the Federal Deposit Insurance Corporation's ("FDIC") Rules of Practice and Procedures; and
   WHEREAS, the FDIC's Report of Examination of the Bank giving rise to this action was based on data and information as of September 8, 1986, which is now almost four years old.
   NOW, THEREFORE, the FDIC hereby withdraws the Notice of Charges and of Hearing issued in this matter on April 8, 1987, and terminates this proceeding.
   Pursuant to delegated authority.
   Dated at Washington, D.C. this 6th day of September, 1990.

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