# THE BANK OF GEORGIA

> **Failed bank** · PEACHTREE CITY, GA · failed 2015-10-02 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $28M

## What happened

THE BANK OF GEORGIA of PEACHTREE CITY, GA was closed by regulators on **2015-10-02**. The FDIC was named receiver.

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

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


## Key facts

- **FDIC ID:** 4083
- **FDIC Certificate:** 35259
- **FDIC FIN:** 10516
- **Bank name:** THE BANK OF GEORGIA
- **Location:** PEACHTREE CITY, GA
- **Failure date:** 2015-10-02
- **FDIC resolution date:** 2015-10-02
- **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:** $28M
- **Deposits at failure:** $264M
- **Assets at failure:** $286M
- **Acquiring bank:** FIDELITY BANK (ATLANTA, GA)

## Other banks FIDELITY BANK has acquired in FDIC resolutions

- SECURITY EXCHANGE BANK (MARIETTA, GA) — failed 2012-06-15 — /failed-bank/4013
- DECATUR FIRST BANK (DECATUR, GA) — failed 2011-10-21 — /failed-bank/3972
- FORT WORTH STATE BANK (FORT WORTH, TX) — failed 1990-09-27 — /failed-bank/2912
- FIDELITY NATIONAL BANK OF FORT WORTH (FORT WORTH, TX) — failed 1988-10-06 — /failed-bank/1948

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE BANK OF GEORGIA (FDIC ID 4083), failed 2015-10-02. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/4083.

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