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FDIC Enforcement Decisions and Orders

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{{2-28-94 p.C-3564}}
   [10,930] In the Matter of American General Financial Center Inc., Evansville, Indiana, Docket No. FDIC-93-256p (12-30-93).

   Institution no longer engaged in the business of receiving deposits, FDIC terminates its insured status.
In the Matter of

AMERICAN GENERAL FINANCIAL
CENTER, INC.

EVANSVILLE, INDIANA
(Insured State Nonmember Bank)
ORDER OF TERMINATION OF
INSURANCE

FDIC-93-256p

   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, Inc., Evansville, Indiana ("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 June 30, 1994, which is the last day of the first full semiannual assessment period following the date of issuance of this ORDER.
   IT IS FURTHER ORDERED, that the Inured Institution notify its depositors, if any, of the termination of its insured status no later than May 31, 1994, in the manner required by section 308.124(c) of the FDIC's Rules of Practice and Procedure, 12 C.F.R. § 308.124(c).
   Dated at Washington, D.C., this 30th day of December, 1993.
   Pursuant to delegated authority.

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