Federal Register #2026-08793

FDIC Announces Termination of Bank Receiverships

This notice from the Federal Deposit Insurance Corporation (FDIC) announces the official termination of receiverships for several failed banks. - Government Buyer: - Federal Deposit Insurance Corporation (FDIC) - Institutions Affected: - Silver Falls Bank (Silverton, OR) - America West Bank (Layton, UT) - Washington Federal Bank for Savings (Chicago, IL) - Key Details: - FDIC, acting as Receiver, has completed all legal and financial obligations for these banks - All required dividend distributions have been made - Receiverships are now legally terminated and cease to exist - Public comments on the terminations are invited and should be sent to the FDIC's Dallas, Texas office - No procurement of products or services is involved - No OEMs, vendors, or contract opportunities are mentioned

Description

The Federal Deposit Insurance Corporation (FDIC) has issued a notice regarding the termination of certain receiverships. The notice provides details about the receiverships being terminated and the legal and procedural context. It announces that the FDIC, as Receiver, has fulfilled its obligations and made all dividend distributions required by law. The receiverships have been terminated, the Receiver discharged, and the receiverships ceased to exist as legal entities. The notice also invites public comment on the termination of receiverships within thirty days of the notice date.

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