4 Apr 2025
🏦FDIC Notice
Notice of Termination of Receiverships
Summary
The Federal Deposit Insurance Corporation (FDIC) announces the termination of Receiverships for the First Bank of Beverly Hills and Liberty Bank, effective April 1, 2025. This release of the banks from Receivership allows them to resume independent operations. The FDIC has authorized necessary actions to complete these transitions.
Agencies
- Federal Deposit Insurance Corporation
Business Impact
$$ - Med
The text indicates the termination of Receiverships for two banking institutions, which implies that these entities can now operate independently without FDIC oversight. This may affect business operations, investments, and local banking conditions in Calabasas, CA, and Eugene, OR.