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FDIC Enforcement Decisions and Orders

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{{10-31-03 p.TC-441}}

   [16,343] Docket No. FDIC-01-080b (7-16-03).

In the Matter of
NOVA SAVINGS BANK, F/K/A/ VBANK, A SAVINGS BANK
PHILADELPHIA, PENNSYLVANIA
(Insured State Nonmember Bank)
ORDER TERMINATING ORDER TO CEASE AND DESIST

FDIC-01-080b

   IT IS HEREBY ORDERED, that the Order to Cease and Desist issued on July 13, 2001 against Nova Savings Bank, f/k/a vBank, A Savings Bank, Philadelphia, Pennsylvania pursuant to section 8(b) of the Federal Deposit Insurance Act, 12 U.S.C. §1818(b), be and hereby is, terminated.

   Dated at New York, New York, this 16th day of July, 2003.

   Pursuant to delegated authority.

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Last Updated 11/16/2003 legal@fdic.gov