ONE GEORGIA BANK Failed 2011
What happened
ONE GEORGIA BANK of ATLANTA, GA was closed on 2011-07-15. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to AMERIS BANK (MOULTRIE, GA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3945
- FDIC Certificate
- 58238
- FDIC FIN
- 10378
- Bank name
- ONE GEORGIA BANK
- Location
- ATLANTA, GA
- Failure date
- 2011-07-15
- FDIC resolution date
- 2011-07-15
- 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.)
- $41M
- Deposits at failure
- $158M
- Assets at failure
- $178M
- Acquiring bank
- AMERIS BANK (MOULTRIE, GA)
Other banks AMERIS BANK acquired in FDIC resolutions