Please be advised that the Federal Deposit Insurance Corporation (FDIC) was recently notified the First Federal Banking Corporation, Republic of Palau, had its banking license revoked by the Financial Institutions Commission, Republic of Palau, on September 26, 2003. First Federal Banking Corporation is barred from performing any banking and related financial activities effective 30 days from the date of license revocation.
Any information or questions that you have about this entity may be brought to the attention of:
G. Semdiu Decherong, Executive Commissioner
Financial Institutions Commission
P.O. Box 10243
Koror, Republic of Palau 96940
Telephone: (680) 488-3560
FAX: (680) 488-3564
E-mail: fic@palaunet.com
Any information about this entity may also be forwarded to the FDIC's Special Activities Section, 550 17th Street, NW, Room F-4040, Washington, DC 20429, or forwarded electronically to alert@fdic.gov.
For your reference, FDIC Special Alerts may be accessed from the FDIC's Web site at www.fdic.gov/news/news/SpecialAlert/2003/index.html. To learn how to automatically receive FDIC Special Alerts, Financial Institution Letters and other announcements through e-mail, please visit www.fdic.gov/news/news/announcements/index.html.
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Michael J. Zamorski |
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Director |
Distribution: FDIC-Supervised Banks (Commercial and Savings)
NOTE: Paper copies of FDIC Special Alerts may be obtained through the FDIC's Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (1-877-275-3342, option 5, or (703) 562-2200).
