UNITY NATIONAL BANK Failed 2010
What happened
UNITY NATIONAL BANK of CARTERSVILLE, GA was closed on 2010-03-26. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to BANK OF THE OZARKS (LITTLE ROCK, AR). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3771
- FDIC Certificate
- 34678
- FDIC FIN
- 10208
- Bank name
- UNITY NATIONAL BANK
- Location
- CARTERSVILLE, GA
- Failure date
- 2010-03-26
- FDIC resolution date
- 2010-03-26
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $74M
- Deposits at failure
- $264M
- Assets at failure
- $301M
- Acquiring bank
- BANK OF THE OZARKS (LITTLE ROCK, AR)
Other banks BANK OF THE OZARKS acquired in FDIC resolutions