THE FIRST NATIONAL BANK OF BARNESVILLE Failed 2010
What happened
THE FIRST NATIONAL BANK OF BARNESVILLE of BARNESVILLE, GA was closed on 2010-10-22. 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
- 3866
- FDIC Certificate
- 2119
- FDIC FIN
- 10304
- Bank name
- THE FIRST NATIONAL BANK OF BARNESVILLE
- Location
- BARNESVILLE, GA
- Failure date
- 2010-10-22
- FDIC resolution date
- 2010-10-22
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $47M
- Deposits at failure
- $123M
- Assets at failure
- $127M
- Acquiring bank
- UNITED BANK (ZEBULON, GA)
Other banks UNITED BANK acquired in FDIC resolutions