{{8-31-01 p.C-5047}}
[¶11,750] In the Matter of BCH-USA, New York, New York, Docket No. 00-128p (12-22-00)
FDIC terminates insured status of bank that no longer receives
deposits.
In the Matter of
BCH-USA
NEW YORK, NEW YORK
(Insured State Nonmember Bank)
ORDER OF TERMINATION OF INSURANCE
FDIC-00-128p
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 BCH-USA, New York, New York
("BCH"), 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 BCH as an insured state
nonmember bank be, and hereby is, terminated at the expiration of June
30, 2001, 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 BCH notify its depositors, if any, of the
termination of its insured status no later than May 30, 2001, 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 22nd day of December, 2000.