# MUTUAL FEDERAL SAVINGS BANK OF ATLANTA

> **Failed bank** · ATLANTA, GA · failed 2000-03-10 · Savings bank · FDIC cost $1M

## What happened

MUTUAL FEDERAL SAVINGS BANK OF ATLANTA of ATLANTA, GA was closed by state regulators on **2000-03-10**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **CITIZENS TRUST BANK** (ATLANTA, GA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3525
- **FDIC Certificate:** 27886
- **FDIC FIN:** 6003
- **Bank name:** MUTUAL FEDERAL SAVINGS BANK OF ATLANTA
- **Location:** ATLANTA, GA
- **Failure date:** 2000-03-10
- **FDIC resolution date:** 2000-03-10
- **Charter type:** Savings bank
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $1M
- **Deposits at failure:** $32M
- **Assets at failure:** $31M
- **Acquiring bank:** CITIZENS TRUST BANK (ATLANTA, GA)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=MUTUAL%20FEDERAL%20SAVINGS%20BANK%20OF%20ATLANTA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, MUTUAL FEDERAL SAVINGS BANK OF ATLANTA (FDIC ID 3525), failed 2000-03-10. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/3525.

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