PURCHASE AND ASSUMPTION AGREEMENT WHOLE BANK ALL DEPOSITS AMONG FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER OF VENTURE BANK, LACEY, WASHINGTON FEDERAL DEPOSIT INSURANCE CORPORATION and FIRST-CITIZENS BANK & TRUST COMPANY DATED AS OF SEPTEMBER 11, 2009Purchase and Assumption Agreement • December 21st, 2009 • First Citizens Bancshares Inc /De/ • State commercial banks • New York
THIS AGREEMENT, made and entered into as of the 11th day of September, 2009, by and among the FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER of VENTURE BANK, LACEY, WASHINGTON (the “Receiver”), FIRST-CITIZENS BANK & TRUST COMPANY, organized under the laws of the state of North Carolina, and having its principal place of business in Raleigh, North Carolina (the “Assuming Bank”), and the FEDERAL DEPOSIT INSURANCE CORPORATION, organized under the laws of the United States of America and having its principal office in Washington, D.C., acting in its corporate capacity (the “Corporation”).
