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[¶16,315] Docket No. 2001-BBTC-31 FDIC-01-119b (6-28-02)
In the Matter of
SAVANNA STATE BANK
SAVANNA, ILLINOIS
(An Illinois State Chartered Nonmember Bank)
TERMINATION ORDER
No. 2001-BBTC-31
FDIC-01-119b
The Office of Banks and Real Estate for the State of Illinois
("OBRE") and the Federal Deposit Insurance Corporation
("FDIC") hereby issue this Order terminating all provisions of
the Order to Cease and Desist jointly entered herein on November 16,
2001 against Savanna State Bank, Illinois ("ORDER TO CEASE AND
DESIST"), pursuant to Section 48(6) of the Illinois Banking Act, 205
ILCS 5/48(6), and Section 8(b) of the Federal Deposit Insurance Act, 12
U.S.C. §1818(b). In support of this Order, OBRE and the FDIC find
that Savanna State Bank
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ceased to exist as a legal entity on May 22,
2002 by virtue of a merger with and into Thomson State Bank, with
Thomson State Bank as the resulting bank, and thereafter named
Savanna-Thomson State Bank.
IT IS HEREBY ORDERED, that the ORDER TO CEASE AND DESIST entered
against Savanna State Bank, Savanna, Illinois, on November 16, 2001,
be, and hereby is, terminated.
Pursuant to delegated authority.
Dated this 28th day of June, 2002.