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{{12-31-94 p.C-3823}}
[¶11,080] In The Matter of American Liberty Savings Bank, FSB, Oakland, California, Docket No. FDIC-94-125p (10-21-94).
Institution no longer engaged in the business of receiving deposits voluntarily terminates insured status.
In The Matter of
AMERICAN LIBERTY SAVINGS
BANK, FSB
OAKLAND, CALIFORNIA
(Insured Federal Savings Bank)
ORDER OF TERMINATION OF
INSURANCE
FDIC-94-125p
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 American Liberty Savings Bank, FSB, Oakland, California ("Insured Institution"), is not engaged in the business of receiving deposits, other than trust funds, and issues the following ORDER:
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 June 30, 1995, 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 May 30, 1995, 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).
Dated at Washington, D.C., this 21st day of October, 1994.
Pursuant to delegated authority.
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