Federal Deposit Insurance Corporation
Notice of Termination of Receiverships
February 6, 2026
Summary
The FDIC has formally terminated the receivership for The First State Bank in Barboursville, WV, as of February 1, 2026. This administrative action confirms that all assets have been liquidated and the Receiver has been fully discharged of its duties.
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Federal Deposit Insurance Corporation
The Federal Deposit Insurance Corporation (FDIC or Receiver), as Receiver for the following insured depository institution, was charged with the duty of winding up the affairs of the former institution and liquidating all related assets. The Receiver has fulfilled its obligations and made all dividend distributions required by law.
| Fund | Receivership name | City | State | Termination date |
|---|---|---|---|---|
| 10536 | The First State Bank | Barboursville | WV | 02/01/2026 |
The Receiver has further irrevocably authorized and appointed FDIC-Corporate as its attorney-in-fact to execute and file any and all documents that may be required to be executed by the Receiver that FDIC-Corporate, in its sole discretion, deems necessary, including but not limited to releases, discharges, satisfactions, endorsements, assignments, and deeds. Effective on the termination date listed above, the Receivership has been terminated, the Receiver has been discharged, and the Receivership has ceased to exist as a legal entity.
(Authority: 12 U.S.C. 1819)
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on February 4, 2026.
Jennifer M. Jones,
Deputy Executive Secretary.
[FR Doc. 2026-02364 Filed 2-5-26; 8:45 am]
BILLING CODE 6714-01-P
Common questions
- What does "Notice of Termination of Receiverships" cover?
- The FDIC has formally terminated the receivership for The First State Bank in Barboursville, WV, as of February 1, 2026. This administrative action…
- Which agency issued this update?
- This update was issued by Federal Deposit Insurance Corporation.
- When was it published?
- It was published on February 6, 2026.
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