# CREEKSIDE BANK

> **Failed bank** · WOODSTOCK, GA · failed 2011-09-02 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $34M

## What happened

CREEKSIDE BANK of WOODSTOCK, GA was closed by regulators on **2011-09-02**. The FDIC was named receiver.

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

Deposits were transferred to **GEORGIA COMMERCE BANK** (ATLANTA, GA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3959
- **FDIC Certificate:** 58226
- **FDIC FIN:** 10393
- **Bank name:** CREEKSIDE BANK
- **Location:** WOODSTOCK, GA
- **Failure date:** 2011-09-02
- **FDIC resolution date:** 2011-09-02
- **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:** $97M
- **Assets at failure:** $102M
- **Acquiring bank:** GEORGIA COMMERCE BANK (ATLANTA, GA)
- **FDIC comments:** Unexpected difference between PO_COST and RESCOST is that it was a linked bid.  Across the linked bids, RESCOST<PO_COST

## Other banks GEORGIA COMMERCE BANK has acquired in FDIC resolutions

- PATRIOT BANK OF GEORGIA (CUMMING, GA) — failed 2011-09-02 — /failed-bank/3960

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CREEKSIDE BANK (FDIC ID 3959), failed 2011-09-02. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3959.

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