# BANK OF JACKSON COUNTY

> **Failed bank** · GRACEVILLE, FL · failed 2013-10-30 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $6M

## What happened

BANK OF JACKSON COUNTY of GRACEVILLE, FL was closed by regulators on **2013-10-30**. The FDIC was named receiver.

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

Deposits were transferred to **FIRST FEDERAL BANK OF FLORIDA** (LAKE CITY, FL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 4056
- **FDIC Certificate:** 14794
- **FDIC FIN:** 10490
- **Bank name:** BANK OF JACKSON COUNTY
- **Location:** GRACEVILLE, FL
- **Failure date:** 2013-10-30
- **FDIC resolution date:** 2013-10-30
- **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:** $6M
- **Deposits at failure:** $25M
- **Assets at failure:** $25M
- **Acquiring bank:** FIRST FEDERAL BANK OF FLORIDA (LAKE CITY, FL)

## Other banks FIRST FEDERAL BANK OF FLORIDA has acquired in FDIC resolutions

- CHIPOLA COMMUNITY BANK (MARIANNA, FL) — failed 2013-04-19 — /failed-bank/4041
- THE BANK OF BONIFAY (BONIFAY, FL) — failed 2010-05-07 — /failed-bank/3798
- FLAGSHIP NATIONAL BANK (BRADENTON, FL) — failed 2009-10-23 — /failed-bank/3695

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, BANK OF JACKSON COUNTY (FDIC ID 4056), failed 2013-10-30. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/4056.

---

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