[¶11,814] In the Matter of ING National Trust, Minneapolis, Minnesota,
Docket No. 01-064p (6-29-01)
FDIC terminates insured status of bank that no longer receives
In the Matter of
ING NATIONAL TRUST MINNEAPOLIS, MINNESOTA (Insured National Bank)
ORDER OF TERMINATION OF INSURANCE
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 ING National Trust, Minneapolis,
Minnesota ("ING Trust"), is not engaged in the business of
receiving deposits, other than trust funds, and issues the following
IT IS HEREBY ORDERED, that the status of ING Trust as an insured
national banking association be, and hereby is, terminated at the
expiration of December 31, 2001, which is the last day of the first
full semiannual assessment period following the date of issuance of
IT IS FURTHER ORDERED, that ING Trust notify its depositors, if any, of
the termination of its insured status no later than November 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 29th day of June, 2001.