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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: February 19, 2004 (Volume 69, Number 33)] 
[Federal Register: January 7, 2005 (Volume 70, Number 5)]
[Page 1443-1444]
From the Federal Register Online via GPO Access []



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

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,

[[Page 1444]]

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 worthless.

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 4662,
Pulaski Savings Bank, Philadelphia, Pennsylvania.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. E5-31 Filed 1-6-05; 8:45 am]


Last Updated 01/10/2005

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