GUARANTY NATIONAL BANK Failed 2004
What happened
GUARANTY NATIONAL BANK of TALLAHASSEE, FL was closed on 2004-03-12. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to HANCOCK BANK (TALLAHASSEE, FL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3550
- FDIC Certificate
- 26838
- FDIC FIN
- 4663
- Bank name
- GUARANTY NATIONAL BANK
- Location
- TALLAHASSEE, FL
- Failure date
- 2004-03-12
- FDIC resolution date
- 2004-03-12
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $0M
- Deposits at failure
- $66M
- Assets at failure
- $71M
- Acquiring bank
- HANCOCK BANK (TALLAHASSEE, FL)
Other banks HANCOCK BANK acquired in FDIC resolutions