# FIRST GEORGIA COMMUNITY BANK

> **Failed bank** · JACKSON, GA · failed 2008-12-05 · State commercial bank, Federal Reserve member · FDIC cost $86M

## What happened

FIRST GEORGIA COMMUNITY BANK of JACKSON, GA was closed by state regulators on **2008-12-05**. The FDIC was named receiver.

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

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


## Key facts

- **FDIC ID:** 3583
- **FDIC Certificate:** 34301
- **FDIC FIN:** 10025
- **Bank name:** FIRST GEORGIA COMMUNITY BANK
- **Location:** JACKSON, GA
- **Failure date:** 2008-12-05
- **FDIC resolution date:** 2008-12-05
- **Charter type:** State commercial bank, Federal Reserve member
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $86M
- **Deposits at failure:** $215M
- **Assets at failure:** $256M
- **Acquiring bank:** UNITED BANK (ZEBULON, GA)

## Other banks UNITED BANK has acquired in FDIC resolutions

- THE WOODBURY BANKING COMPANY (WOODBURY, GA) — failed 2016-08-19 — /failed-bank/4087
- THE FIRST NATIONAL BANK OF BARNESVILLE (BARNESVILLE, GA) — failed 2010-10-22 — /failed-bank/3866
- FIRST COWETA (NEWNAN, GA) — failed 2009-08-21 — /failed-bank/3674

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST GEORGIA COMMUNITY BANK (FDIC ID 3583), failed 2008-12-05. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/3583.

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