# FIRST COMMUNITY BANK OF CHEROKEE

> **Failed bank** · WOODSTOCK, GA · failed 1992-03-31 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $7M

## What happened

FIRST COMMUNITY BANK OF CHEROKEE of WOODSTOCK, GA was closed by regulators on **1992-03-31**. The FDIC was named receiver.

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to **ETOWAH BANK** (CANTON, GA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3301
- **FDIC Certificate:** 27146
- **FDIC FIN:** 4470
- **Bank name:** FIRST COMMUNITY BANK OF CHEROKEE
- **Location:** WOODSTOCK, GA
- **Failure date:** 1992-03-31
- **FDIC resolution date:** 1992-03-31
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $7M
- **Deposits at failure:** $34M
- **Assets at failure:** $36M
- **Acquiring bank:** ETOWAH BANK (CANTON, GA)

## Other banks ETOWAH BANK has acquired in FDIC resolutions

- FIRST FS & LA (DALLAS, GA) — failed 1991-02-22 — /failed-bank/3023

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20COMMUNITY%20BANK%20OF%20CHEROKEE

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST COMMUNITY BANK OF CHEROKEE (FDIC ID 3301), failed 1992-03-31. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/3301.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*