[¶11,998] In the Matter of eosbank, San Mateo, California, Docket No. 02-185p
FDIC terminates insured status of bank that no longer receives
In the Matter of
EOSBANK SAN MATEO, CALIFORNIA (Insured State Nonmember 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 eosbank, San Mateo, California
("Insured Institution"), 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 the Insured Institution
as an insured state nonmember 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
IT IS FURTHER ORDERED, that the Insured Institution notify its
depositors, if any, of the termination of its insured status no later
than May 30, 2003, 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 12th day of December, 2002.