# FIRST LOWNDES BANK

> **Failed bank** · FORT DEPOSIT, AL · failed 2010-03-19 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $12M

## What happened

FIRST LOWNDES BANK of FORT DEPOSIT, AL was closed by regulators on **2010-03-19**. The FDIC was named receiver.

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

Deposits were transferred to **FIRST CITIZENS BANK** (LUVERNE, AL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3767
- **FDIC Certificate:** 24957
- **FDIC FIN:** 10204
- **Bank name:** FIRST LOWNDES BANK
- **Location:** FORT DEPOSIT, AL
- **Failure date:** 2010-03-19
- **FDIC resolution date:** 2010-03-19
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $12M
- **Deposits at failure:** $131M
- **Assets at failure:** $137M
- **Acquiring bank:** FIRST CITIZENS BANK (LUVERNE, AL)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST LOWNDES BANK (FDIC ID 3767), failed 2010-03-19. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/3767.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*