[¶12,476] In the Matter of First Heritage Bank, Albuquerque, New Mexico,
Docket No. 05-150p (10-4-05).
Status of bank as insured federal savings association terminated.
In the Matter of
FIRST HERITAGE BANK ALBUQUERQUE, NEW MEXICO (Insured Federal Savings Association)
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 First Heritage Bank, Albuquerque, New
Mexico ("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 Federal Savings Association, be, and hereby is,
terminated at the expiration of June 30, 2006, 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 May 31, 2006, 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 4th day of October, 2005.