THE TATNALL BANK Failed 2009

REIDSVILLE, GA · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

THE TATNALL BANK of REIDSVILLE, GA was closed on 2009-12-04. The FDIC was named receiver.

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

Deposits were transferred to HERITAGEBANK OF THE SOUTH (ALBANY, GA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3719
FDIC Certificate
12080
FDIC FIN
10153
Bank name
THE TATNALL BANK
Location
REIDSVILLE, GA
Failure date
2009-12-04
FDIC resolution date
2009-12-04
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.)
$15M
Deposits at failure
$47M
Assets at failure
$50M
Acquiring bank
HERITAGEBANK OF THE SOUTH (ALBANY, GA)