Federal Register #2026-08792

FDIC Notice of Intent to Terminate Receiverships for Multiple Banks

This notice from the Federal Deposit Insurance Corporation (FDIC) announces the planned termination of receiverships for several failed banks. - Government Buyer: - Federal Deposit Insurance Corporation (FDIC) - Banks/Entities Affected: - Silver Falls Bank (Silverton, OR) - America West Bank (Layton, UT) - Washington Federal Bank for Savings (Chicago, IL) - Key Details: - FDIC has completed asset liquidation and dividend distributions for these banks - Public comments are invited regarding the termination of these receiverships - No products, services, or vendors are being requested - This is not a procurement or contract opportunity - Locations: - FDIC headquarters (Washington, DC) - FDIC regional office (Dallas, TX) - Bank locations in Silverton, OR; Layton, UT; and Chicago, IL

Description

The Federal Deposit Insurance Corporation (FDIC) announces its intent to terminate receiverships for several insured depository institutions. The notice details that the FDIC, as Receiver, has fulfilled its obligations including liquidation of assets and dividend distributions. It also provides information on the termination dates and invites public comments within thirty days. The receiverships will cease to exist as legal entities upon termination.

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