{{1-31-03 p.C-5626}}
[¶11,981] In the Matter of CompuBank, National Association, Houston, Texas,
Docket No. 02-108p (10-31-02)
FDIC terminates insured status of bank that no longer receives
deposits.
In the Matter of
COMPUBANK, NATIONAL ASSOCIATION
HOUSTON, TEXAS
(Insured National Bank)
ORDER OF TERMINATION OF INSURANCE
FDIC-02-108p
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 CompuBank, National Association,
Houston, Texas ("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 national bank be, and hereby is, terminated at the
expiration of June 30, 2003, 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 October 31, 2002, 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 31st day of October, 2002.
