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Each depositor insured to at least $250,000 per insured bank

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FDIC Federal Register Citations

[Federal Register: October 13, 2004 (Volume 69, Number 197)]
[Page 60866]
From the Federal Register Online via GPO Access []



Determination of Insufficient Assets To Satisfy All Claims of
Financial Institution in Receivership

AGENCY: Federal Deposit Insurance Corporation.

ACTION: Notice.


SUMMARY: The Federal Deposit Insurance Corporation (FDIC) has
determined that the proceeds that can be realized from the liquidation
of assets of the receivership listed in SUPPLEMENTARY INFORMATION are
insufficient to wholly satisfy the priority claims of depositors
against the receivership estate. Therefore, upon satisfaction of
secured claims, depositor claims, and claims which have priority over
depositors under applicable law, no amount will remain or will be
recovered sufficient to allow a dividend, distribution, or payment to
any creditor of lesser priority, including but not limited to claims of
general creditors. Any such claims are hereby determined to be

FOR FURTHER INFORMATION CONTACT: Thomas Bolt, Counsel, Legal Division,
FDIC, 550 17th Street, NW., Room H-11052, Washington, DC 20429.
Telephone: (202) 736-0168.

SUPPLEMENTARY INFORMATION: Financial Institution in Receivership
Determined To Have Insufficient Assets To Satisfy All Claims, FIN 4657,
Am Trade International Bank of Georgia, Atlanta, Georgia.

Dated: October 7, 2004.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 04-22913 Filed 10-12-04; 8:45 am]


Last Updated 10/18/2004

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