[¶12,496] In the Matter of First Heights Bank, a FSB, Houston, Texas, Docket No.
Status of bank as insured federal savings bank terminated.
In the Matter of
FIRST HEIGHTS BANK, a FSB HOUSTON, TEXAS (Insured Federal Savings 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 First Heights Bank, a FSB, Houston,
Texas ("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 bank, 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
IT IS FURTHER ORDERED, that the Insured Institution notify its
depositors, if any, of the termination of its insured status no later
than November 30, 2005, 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 9th day of November, 2005.