# APPALACIAN COMMUNITY BANK, F.S.B.

> **Failed bank** · MCCAYSVILLE, GA · failed 2010-12-17 · Savings bank · FDIC cost $28M

## What happened

APPALACIAN COMMUNITY BANK, F.S.B. of MCCAYSVILLE, GA was closed by state regulators on **2010-12-17**. The FDIC was named receiver.

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

Deposits were transferred to **PEOPLES BANK OF EAST TENNESSEE** (MADISONVILLE, TN). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3890
- **FDIC Certificate:** 58495
- **FDIC FIN:** 10319
- **Bank name:** APPALACIAN COMMUNITY BANK, F.S.B.
- **Location:** MCCAYSVILLE, GA
- **Failure date:** 2010-12-17
- **FDIC resolution date:** 2010-12-17
- **Charter type:** Savings bank
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $28M
- **Deposits at failure:** $76M
- **Assets at failure:** $68M
- **Acquiring bank:** PEOPLES BANK OF EAST TENNESSEE (MADISONVILLE, TN)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=APPALACIAN%20COMMUNITY%20BANK%2C%20F.S.B.

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, APPALACIAN COMMUNITY BANK, F.S.B. (FDIC ID 3890), failed 2010-12-17. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/3890.

---

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