Search Results for keywords:"notice to interested parties"

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Search Results: keywords:"notice to interested parties"

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  • 2025-02310 — Notice to All Interested Parties of Intent To Terminate Receiverships
    Type:Notice
    Citation:90 FR 9080
    Reading Time:less than a minute

    The Federal Deposit Insurance Corporation (FDIC) has announced its intent to terminate the receiverships for certain institutions, as their asset liquidation has been completed. The FDIC plans to make a final dividend payment to authorized creditors, as allowed by the funds available. The notice specifies that these receiverships will end at least 30 days following the announcement date. Interested parties have until this deadline to submit written comments regarding these terminations.

    Simple Explanation

    The FDIC plans to close down certain banks they took over because they sold everything they could. People who are owed money have 30 days to speak up if they have something to say about this.

  • 2021-01543 — Notice to All Interested Parties of Intent To Terminate Receivership
    Type:Notice
    Citation:86 FR 6879
    Reading Time:less than a minute

    The Federal Deposit Insurance Corporation (FDIC) is planning to end the receivership for a certain institution, which means it will no longer oversee its liquidation process. The FDIC has completed the sale of the institution's assets and will distribute the final payments to creditors using the remaining funds. Affected parties have 30 days from the notice date to submit written comments about the termination. This decision is made under the authority provided by U.S. law and aims to conclude the receivership now that it no longer serves a useful purpose.

    Simple Explanation

    The FDIC is like a cleanup crew that helps with banks that can't handle their money anymore. They fixed up all the remaining bits and plan to stop being in charge because there's nothing left to clean up. People who care have 30 days to share their thoughts before this ends.

  • 2025-02952 — Notice to All Interested Parties of Intent To Terminate Receivership
    Type:Notice
    Citation:90 FR 10500
    Reading Time:less than a minute

    The Federal Deposit Insurance Corporation (FDIC) announced its plan to end the receivership of an institution, as the process of liquidating its assets is complete. The FDIC will make a final payment to verified creditors using the available funds. The receivership's termination is set to occur no less than 30 days from the notice's release date. Individuals wishing to comment on this decision must submit their remarks in writing to the FDIC within the 30-day window.

    Simple Explanation

    The FDIC is planning to stop watching over a bank because they've finished selling everything the bank owned. They'll pay back the people the bank owed money to one last time, and anyone who wants to say something about this plan has to write to them within 30 days.