FIRST AUGUSTA BANK & TRUST COMPANY Failed 1977

AUGUSTA, GA · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

FIRST AUGUSTA BANK & TRUST COMPANY of AUGUSTA, GA was closed on 1977-05-20. The FDIC was named receiver.

Resolution: P&A

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
543
FDIC Certificate
19871
FDIC FIN
0
Bank name
FIRST AUGUSTA BANK & TRUST COMPANY
Location
AUGUSTA, GA
Failure date
1977-05-20
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
P&A
Deposits at failure
$20M
Assets at failure
$24M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions