# MOUNTAIN HERITAGE BANK

> **Failed bank** · CLAYTON, GA · failed 2011-06-24 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $34M

## What happened

MOUNTAIN HERITAGE BANK of CLAYTON, GA was closed by regulators on **2011-06-24**. The FDIC was named receiver.

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

Deposits were transferred to **FIRST AMERICAN BANK AND TRUST COMPANY** (ATHENS, GA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3938
- **FDIC Certificate:** 57593
- **FDIC FIN:** 10372
- **Bank name:** MOUNTAIN HERITAGE BANK
- **Location:** CLAYTON, GA
- **Failure date:** 2011-06-24
- **FDIC resolution date:** 2011-06-24
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $34M
- **Deposits at failure:** $90M
- **Assets at failure:** $104M
- **Acquiring bank:** FIRST AMERICAN BANK AND TRUST COMPANY (ATHENS, GA)

## Other banks FIRST AMERICAN BANK AND TRUST COMPANY has acquired in FDIC resolutions

- FIRST PIEDMONT BANK (WINDER, GA) — failed 2009-07-17 — /failed-bank/3650

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=MOUNTAIN%20HERITAGE%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, MOUNTAIN HERITAGE BANK (FDIC ID 3938), failed 2011-06-24. Retrieved via AI Analytics 2026-07-01 from https://api.ai-analytics.org/failed-bank/3938.

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