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FDIC Enforcement Decisions and Orders

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{{10-31-94 p.C-2424}}
   [10,569] In the Matter of American General Financial Center Thrift Company, Mountain View, California, Docket No. FDIC-92-157p (6-17-92).

   Insured status terminated as institution is not engaged in the business of receiving deposits.
In the Matter of
AMERICAN GENERAL FINANCIAL CENTER THRIFT COMPANY
MOUNTAIN VIEW, CALIFORNIA
In the Matter of
ORDER OF
TERMINATION
OF INSURANCE

FDIC-92-157p

   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 American General Financial Center Thrift Company, Mountain View, California ("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 State nonmember bank be, and hereby is, terminated at the expiration of December 31, 1992.
   IT IS FURTHER ORDERED, that the Insured Institution notify its depositors, if any, of the termination of its insured status no later than November 30, 1992, in the manner required by section 308.124(c) of the FDIC's Rules and Regulations, 12 C.F.R. § 308.124(c).
   Dated at Washington, D.C., this 17th day of June, 1992.
   Pursuant to delegated authority.

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