{{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
COMMERCIAL CREDIT
CORPORATION (HAWAII)
HONOLULU,HAWAII
(Insured State Nonmember Bank)
ORDER OF TERMINATION
OF INSURANCE
FDIC-98-36p
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:
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.
