HERITAGE BANKING GROUP Failed 2011
What happened
HERITAGE BANKING GROUP of CARTHAGE, MS was closed on 2011-04-15. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to TRUSTMARK NATIONAL BANK (JACKSON, MS). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3919
- FDIC Certificate
- 14273
- FDIC FIN
- 10354
- Bank name
- HERITAGE BANKING GROUP
- Location
- CARTHAGE, MS
- Failure date
- 2011-04-15
- FDIC resolution date
- 2011-04-15
- 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.)
- $38M
- Deposits at failure
- $205M
- Assets at failure
- $228M
- Acquiring bank
- TRUSTMARK NATIONAL BANK (JACKSON, MS)
Other banks TRUSTMARK NATIONAL BANK acquired in FDIC resolutions