FDIC Quietly Closes Four Bank Receiverships
Published Date: 6/16/2026
Notice
Summary
The FDIC is wrapping up its work with four banks by ending their receiverships starting 30 days after this notice. This means all assets have been handled, and final payments will go to creditors if money’s left. If anyone wants to speak up about this, they’ve got 30 days to send in their comments.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Final Dividend Payments for Failed Banks
The FDIC says it has finished liquidating assets for four receiverships — First National Bank of Nevada (Reno, NV), The Cowlitz Bank (Longview, WA), First NBC Bank (New Orleans, LA), and Citizens Bank (Sac City, IA). To the extent funds are available and allowed by law, the Receiver will make a final dividend payment to proven creditors, and the receiverships will be ended no sooner than 30 days after this notice dated June 10, 2026.
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