INTEGRITY BANK Failed 2008
What happened
INTEGRITY BANK of ALPHARETTA, GA was closed on 2008-08-29. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to REGIONS BANK (BIRMINGHAM, AL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3565
- FDIC Certificate
- 35469
- FDIC FIN
- 10012
- Bank name
- INTEGRITY BANK
- Location
- ALPHARETTA, GA
- Failure date
- 2008-08-29
- FDIC resolution date
- 2008-08-29
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $466M
- Deposits at failure
- $962M
- Assets at failure
- $1,108M
- Acquiring bank
- REGIONS BANK (BIRMINGHAM, AL)
Other banks REGIONS BANK acquired in FDIC resolutions