CAPITOL CITY BANK & TRUST COMPANY Failed 2015
What happened
CAPITOL CITY BANK & TRUST COMPANY of ATLANTA, GA was closed on 2015-02-13. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to FIRST-CITIZENS BANK & TRUST COMPANY (RALEIGH, NC). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 4078
- FDIC Certificate
- 33938
- FDIC FIN
- 10512
- Bank name
- CAPITOL CITY BANK & TRUST COMPANY
- Location
- ATLANTA, GA
- Failure date
- 2015-02-13
- FDIC resolution date
- 2015-02-13
- 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.)
- $96M
- Deposits at failure
- $263M
- Assets at failure
- $272M
- Acquiring bank
- FIRST-CITIZENS BANK & TRUST COMPANY (RALEIGH, NC)
Other banks FIRST-CITIZENS BANK & TRUST COMPANY acquired in FDIC resolutions