Skip Header

Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Home > Regulation & Examinations > Bank Examinations > FDIC Enforcement Decisions and Orders

FDIC Enforcement Decisions and Orders

ED&O Home | Search Form | Text Search | ED&O Help

{{8-31-98 p.C-4562}}
   [11,524] In the Matter of Commercial Credit Corporation (Hawaii), Honolulu, Hawaii, Docket No. 98-36p (6-29-98)

   FDIC terminates insured status of bank that no longer receives deposits, other than trust funds.
In the Matter of


(Insured State Nonmember Bank)


   Pursuant to section 8(p) of the Federal Deposit Insurance Act, 12 U.S.C. § 181(p), the Federal Deposit Insurance Corporation ("FDIC"), hereby finds that Commercial Credit Corporation (Hawaii), Honolulu, Hawaii ("CCC"), is not engaged in the business of receiving deposits, other than trust funds, and issues the following ORDER:


   IT IS HEREBY ORDERED, that the status of CCC as an insured state nonmember bank be, and hereby is, terminated at the {{8-31-98 p.C-4563}}expiration of December 31, 1998, 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 CCC notify its depositors, if any, of the termination of its insured status no later than November 30, 1998, 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).
   Pursuant to delegated authority.
   Dated at Washington, D.C., this 29th day of June, 1998.

ED&O Home | Search Form | Text Search | ED&O Help

Last Updated 6/6/2003

Skip Footer back to content