[¶12,114] In the Matter of Today's Bank, Vancouver, Washington, Docket No.
Status of bank as an insured state nonmember bank is terminated.
In the Matter of
TODAY'S BANK VANCOUVER, WASHINGTON (Insured State Nonmember Bank)
ORDER OF APPROVAL OF TERMINATION OF INSURANCE
Pursuant to section 8(q) of the Federal Deposit Insurance Act (the
"Act"), 12 U.S.C. §1818(q), and section 18(i)(3) of the Act,
12 U.S.C. §1828(i)(3), the Federal Deposit Insurance Corporation
("FDIC"), having found that Riverview Community Bank, Vancouver,
Washington ("Riverview"), has provided to the FDIC on September
8, 2003, satisfactory evidence that it has assumed the liabilities for
deposits of Today's Bank, Vancouver, Washington ("Insured
Institution"), as of July 18, 2003, as required by section 307.1 of
the FDIC's Rules and Regulations, 12 C.F.R. §307.1, and that
Riverview has notified the Insured Institution's depositors of its
assumption of their deposits, hereby issues the following ORDER:
IT IS HEREBY ORDERED, that the status of the Insured Institution,
as an insured state nonmember bank be, and hereby is, terminated as of
September 8, 2003.
IT IS FURTHER ORDERED, that the separate insurance of all deposits
assumed by Riverview from the Insured Institution shall terminate at
the expiration of January 20, 2004, or, in the case of any time
deposit, the earliest maturity date after January 20, 2004, as provided
in section 8(q) of the Act, 12 U.S.C. §1818(q).
Pursuant to delegated authority.
Dated at Washington, D.C., this 15th day of October, 2003.