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.b F] OFFICE OF THRIFT SUPERVISION APPROVAL ASSUMPTION ANDCACQUISTION go--4 O V Order No. 90 -1232 • Date: juna 22, 1990 ..5071 First York Ban Corp, York, Nebraska ( "ACQUIROR "), a bank holding company within the meaning of the Bank Holding Company Act, has applied to the Office of Thrift Supervision ( "OFFICE ") (1) to charter a new federal stock savings association, First York federal Savings Association, York, Nebraska ( "NEW THRIFT "), to approve the charter of NEW THRIFT,.an+d to approve the maintenance of the home and branch offices of First Federal Savings Association of York, York, Nebraska ( "OLD THRIFT ") as the home and branch 'offices of NEW THRIFT; (2) to acquire control of NEW THRIFT; (3) for NEW THRIFT to purchase the assets and assume the liabilities of OLD THRIFT specified in the bid approved by the Resolution Trust Corporation ( "RTC ") under Section 13(c) of the Federal Deposit Insurance Act, and (4) for NEW THRIFT to be dissolved by transferring its assets and liabilities to the ACQUIROR'S subsidiary, First National Bank of York, York, Nebraska ( "Bank ") pursuant to a purchase of assets and assumption of liabilities of NEW THRIFT, (Collectively, all of the foregoing are referred to as the "APPLICATIONS "). OLD THRIFT has been declared insolvent and the RTC was appointed receiver for OLD THRIFT. The RTC solicited offers for the acquisition of certain assets and liabilities of OLD THRIFT from qualified bidders and has selected ACQUIROR•S bid. The RTC has recommended expeditious action on these APPLICATIONS in order to permit a timely and lower cost resolution of the financial problems of OLD THRIFT and in order to permit a continuation of service to the OLD THRIFTS depositors. The OFFICE has considered the factors set forth in Sections 5(e) and 5(p) of the Home Owners' Loan Act ( "HOLA ") and in 12 C.F.R. 5552.2 -3 with regard to granting a new federal charter for NEW THRIFT and the form of charter submitted in the APPLICATIONS, the factors set forth in Section 10(e) of the NOLA with respect to acquisition of control of NEW THRIFT, the factors set forth in Section 18(c) of the Federal Deposit Insurance Act ( "FDIA ") with respect to the acquisition of certain assets and liabilities of OLD THRIFT by NEW THRIFT and the factors set forth in 12 C.F.R. 5 —, �1' Lam= i 1� :J: Lip �•.ii +J �j iZ }1;!�5' !• F] OFFICE OF THRIFT SUPERVISION APPROVAL ASSUMPTION ANDCACQUISTION go--4 O V Order No. 90 -1232 • Date: juna 22, 1990 ..5071 First York Ban Corp, York, Nebraska ( "ACQUIROR "), a bank holding company within the meaning of the Bank Holding Company Act, has applied to the Office of Thrift Supervision ( "OFFICE ") (1) to charter a new federal stock savings association, First York federal Savings Association, York, Nebraska ( "NEW THRIFT "), to approve the charter of NEW THRIFT,.an+d to approve the maintenance of the home and branch offices of First Federal Savings Association of York, York, Nebraska ( "OLD THRIFT ") as the home and branch 'offices of NEW THRIFT; (2) to acquire control of NEW THRIFT; (3) for NEW THRIFT to purchase the assets and assume the liabilities of OLD THRIFT specified in the bid approved by the Resolution Trust Corporation ( "RTC ") under Section 13(c) of the Federal Deposit Insurance Act, and (4) for NEW THRIFT to be dissolved by transferring its assets and liabilities to the ACQUIROR'S subsidiary, First National Bank of York, York, Nebraska ( "Bank ") pursuant to a purchase of assets and assumption of liabilities of NEW THRIFT, (Collectively, all of the foregoing are referred to as the "APPLICATIONS "). OLD THRIFT has been declared insolvent and the RTC was appointed receiver for OLD THRIFT. The RTC solicited offers for the acquisition of certain assets and liabilities of OLD THRIFT from qualified bidders and has selected ACQUIROR•S bid. The RTC has recommended expeditious action on these APPLICATIONS in order to permit a timely and lower cost resolution of the financial problems of OLD THRIFT and in order to permit a continuation of service to the OLD THRIFTS depositors. The OFFICE has considered the factors set forth in Sections 5(e) and 5(p) of the Home Owners' Loan Act ( "HOLA ") and in 12 C.F.R. 5552.2 -3 with regard to granting a new federal charter for NEW THRIFT and the form of charter submitted in the APPLICATIONS, the factors set forth in Section 10(e) of the NOLA with respect to acquisition of control of NEW THRIFT, the factors set forth in Section 18(c) of the Federal Deposit Insurance Act ( "FDIA ") with respect to the acquisition of certain assets and liabilities of OLD THRIFT by NEW THRIFT and the factors set forth in 12 C.F.R. 5 —, �1' Lam= i