2026-18050NoticeWallet

FDIC Closing Shop on Failed Bank Receiverships

Published Date: 9/3/2026

Notice

Summary

No summary available.

Analyzed Economic Effects

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

Final Dividends for Receivership Creditors

If you are a proven creditor of Platinum Community Bank (Rolling Meadows, IL; receivership appointment 09/04/2009), Riverside National Bank of Florida (Fort Pierce, FL; appointment 04/16/2010), or City National Bank New Jersey (Newark, NJ; appointment 11/01/2019), the FDIC states liquidation of assets is complete and the Receiver will be making a final dividend payment to proven creditors to the extent permitted by available funds. The FDIC also intends to terminate these receiverships no sooner than 30 days after the date of this notice (dated September 1, 2026), i.e., on or after October 1, 2026.

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Key Dates

Published Date
Effective Date
9/3/2026
10/1/2026

Department and Agencies

Department
Independent Agency
Agency
Federal Deposit Insurance Corporation
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