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FDIC Enforcement Decisions and Orders

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{{12-31-93 p.C-1445}}
   [10,333] In the Matter of Comercia Trust Company of Florida, National Association, Boca Raton, Florida, Docket No. FDIC-91-273p (9-13-91).

   FDIC terminates insurance of bank no longer engaged in the business of receiving deposits.
   In the Matter of

COMERICA TRUST COMPANY OF
FLORIDA
,
NATIONAL ASSOCIATION
BOCA RATON, FLORIDA
(Insured State Nonmember Bank)
ORDER OF TERMINATION
OF INSURANCE

   Pursuant to section 8(p) of the Federal Deposit Insurance Act, 12 U.S.C. § 1818(p), the Federal Deposit Insurance Corporation ("FDIC") hereby finds that Comercia Trust Company of Florida, National Association, Boca Raton, Florida ("Insured Institution"), is not engaged in the business of receiving deposits, other than trust funds, and issues the following ORDER:

ORDER

   IT IS HEREBY ORDERED, that the status of the Insured Institution as an insured national bank be, and hereby is, terminated at the expiration of June 30, 1992.
   IT IS FURTHER ORDERED, that the Insured Institution notify its depositors, if any, of the termination of its insured status no later than May 31, 1992, in the manner required by section 308.124 of the FDIC's Rules and Regulations, 56 Fed. Reg. 37,968, 37,990-37,991 (1991) (to be codified at 12 C.F.R. § 308.124).
   IT IS FURTHER ORDERED, that the ter- {{12-31-93 p.C-1446}}mination of the status of the Insured Institution as an insured national bank pursuant to this ORDER shall in no way affect the insured status of any subsequent institution created by any merger involving the Insured Institution.
   Dated at Washington, D.C., this 13th day of September, 1991.
   Pursuant to delegated authority.

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