{{10-31-01 p.C-5117}}
[¶11,787] In the Matter of Pacific Southwest Bank, Corpus Christi, Texas, Docket
No. 01-029p (4-17-01)
FDIC terminates insured status of bank that no longer receives
deposits.
In the Matter of
PACIFIC SOUTHWEST BANK
CORPUS CHRISTI, TEXAS
(Insured Federal Savings Bank)
ORDER OF TERMINATION OF INSURANCE
FDIC-01-029p
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 Pacific Southwest Bank, Corpus
Christi, Texas ("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 federal savings bank be, and hereby is, terminated at the
expiration of December 31, 2001, 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 Insured Institution notify its
depositors, if any, of the termination of its insured status no later
than November 30, 2001, 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).
Pursuant to delegated authority.
Dated at Washington, D.C., this 17th day of April, 2001.
