MCINTOSH COMMERCIAL BANK Failed 2010
What happened
MCINTOSH COMMERCIAL BANK of CARROLLTON, 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 CHARTERBANK (WEST POINT, GA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3774
- FDIC Certificate
- 57399
- FDIC FIN
- 10207
- Bank name
- MCINTOSH COMMERCIAL BANK
- Location
- CARROLLTON, GA
- Failure date
- 2010-03-26
- FDIC resolution date
- 2010-03-26
- 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.)
- $164M
- Deposits at failure
- $343M
- Assets at failure
- $363M
- Acquiring bank
- CHARTERBANK (WEST POINT, GA)
Other banks CHARTERBANK acquired in FDIC resolutions