2025-05841Notice

FDIC Wraps Up Two Defunct Banks' Legal Affairs

Published Date: 4/4/2025

Notice

Summary

The FDIC has officially closed the receiverships for First Bank of Beverly Hills (CA) and Liberty Bank (OR) as of April 1, 2025. This means all assets were sold, money was paid out, and the banks’ legal wrap-ups are done. If you had money involved, the process is complete and no more actions will happen.

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Receiverships ended for two banks

The FDIC ended the receiverships for First Bank of Beverly Hills (Calabasas, CA) and Liberty Bank (Eugene, OR) effective April 1, 2025. The FDIC says all assets were sold and all required dividend distributions were made, so the legal wrap-up is complete and no further receivership actions will occur.

Your PRIA Score

Score Hidden

Personalized for You

How does this regulation affect your finances?

Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.

Free to start

Key Dates

Effective Date
Published Date
4/1/2025
4/4/2025

Department and Agencies

Department
Independent Agency
Agency
Federal Deposit Insurance Corporation
Source: View HTML
Back to Federal Register

Take It Personal

Get Your Personalized Policy View

Start a Free Government Policy Watch to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.

Already have an account? Sign in