Skip to main content

State Hub

Bank Events in Georgia

Every FDIC-insured bank failure, merger or acquisition involving a bank, credit union or bank holding company, and regulatory enforcement action affecting banks headquartered in Georgia (GA).

128
Failures
1,255
Mergers
297
Enforcement
→
Bank Directory
All Georgia banks

Failures in Georgia

Date Bank City Assets Acquirer or resolution
May 31, 1991 United FS & La Smyrna $119.3M Branch sale
May 10, 1991 Guaranty FSA Warner Robins $25.6M Crossroads Bank of GA
Apr 5, 1991 First Federal SB, FSB Ashburn $30.2M Branch sale
Mar 22, 1991 The Federal SB, FSB Swainsboro $150.9M Branch sale
Feb 22, 1991 First FS & La Dallas $37.5M Etowah Bank
Jan 4, 1991 Fulton Federal Savings Bank Atlanta $2.02B Branch sale
Jun 15, 1990 Moultrie Savings Bank FSB Moultrie $65.8M Moultrie NB
Apr 12, 1990 First Federal Savings & Loan Warner Robins $150.1M CB&T Bank of Middle Ga
Jun 22, 1989 Great Southern Federal Savings Savannah $880.2M First Wachovia
Jun 22, 1989 Habersham Federal Sa Cornelia $93.3M First Commerce Bank
Jun 22, 1989 First Fed. S & L Assoc. Americus $54.4M Sumter Bank & Trust
Mar 9, 1989 First Fed. S & L Assoc. Atlanta $301.0M Merchant Bank of Atlanta
Mar 9, 1989 First Fed. S & L Assoc. Summerville $32.8M Interfederal SB
Jan 19, 1989 Southern Federal SB Thomasville $76.6M —
Mar 17, 1981 Peoples Banking Company Boston $8.4M Commercial Bank
Jan 5, 1979 Toney Brothers Bank Doerun $5.9M —
May 20, 1977 First Augusta Bank & Trust Company Augusta $24.2M —
Oct 8, 1976 The Hamilton Bank and Trust Company Atlanta $40.1M —
Sep 7, 1961 Bank of Ochlochnee Ochlochnee $984K —
Aug 9, 1954 Bank of Ila Ila $98K —
Sep 18, 1940 The Bank of Leslie Leslie $141K —
Jul 20, 1940 The Claxton State Bank Claxton $223K —
Oct 12, 1938 Bank of Eton Eton — —
Jul 13, 1937 Chattooga County Bank Summerville $265K —
Jul 22, 1935 Merchants & Farmers Bank Marietta $227K —
Jul 20, 1935 Bank of Grantville Grantville $91K —
May 2, 1935 The Farmers Bank Royston $166K —
Oct 13, 1934 Pickens County Bank Jasper $243K —

Mergers & Acquisitions involving Georgia banks

Date Acquired (GA) Acquirer
Jul 1, 2023 Health Center Credit Union Georgia's Own Credit Union
Jul 1, 2023 North Main Credit Union Georgia United Credit Union
Jun 30, 2023 Local 461 Federal Credit Union Brosnan Yard Federal Credit Union
Apr 1, 2023 Powerco Federal Credit Union Southern Energy Credit Union
Feb 13, 2023 Quantum National Bank HomeTrust Bank
Feb 13, 2023 Quantum Capital Corp. HomeTrust Bancshares, Inc.
Jan 1, 2023 Heritage Southeast Bank The First Bank
Jan 1, 2023 Heritage Southeast Bancorporation, Inc. The First Bancshares, Inc.
Dec 31, 2022 Emory Alliance Credit Union Credit Union 1
Nov 1, 2022 Persons Banking Company Robins Financial Credit Union
Nov 1, 2022 Memorial Health Credit Union Core Credit Union
Nov 1, 2022 Vinings Bank Georgia's Own Credit Union
Aug 20, 2022 First Bank Builtwell Bank
Jul 1, 2022 United 1st Credit Union Georgia's Own Credit Union
Apr 1, 2022 Members United Credit Union The Bridgeway Federal Credit Union
Mar 1, 2022 Tabernacle Federal Credit Union SRP Federal Credit Union
Mar 1, 2022 Atlantic Capital Bancshares, Inc. SouthState Bank Corporation
Mar 1, 2022 Atlantic Capital Bank, N.A. SouthState Bank, N.A.
Mar 1, 2022 Fieldale Credit Union North Main Credit Union
Jan 1, 2022 Patterson Pump Federal Credit Union North Georgia Credit Union
Dec 1, 2021 FBD Holding Company, Inc. Builtwell Bancorp, Inc
Oct 29, 2021 Cadence Bank, N.A. Cadence Bank
Oct 2, 2021 Cornerstone Bancshares Coastalsouth Bancshares, Inc.
Oct 2, 2021 CornerstoneBank Coastal States Bank
Oct 1, 2021 Liberty First Bank Vallant Bank
Oct 1, 2021 Fort McPherson Credit Union Georgia's Own Credit Union
Oct 1, 2021 Flowers Employees Credit League Credit Union Envision Credit Union
Aug 1, 2021 Southcrest Bank, National Association Colony Bank
Jul 2, 2021 Heritage First Bancshares, Inc. First Chatsworth Bankshares, Inc.
Jul 2, 2021 Heritage First Bank First National Community Bank
Jun 1, 2021 Roper Corporation Employees Credit Union Tennessee Valley Federal Credit Union
Apr 1, 2021 First Reliance Federal Credit Union Mygeorgia Credit Union
Feb 5, 2021 WestSide Bank The Piedmont Bank
Jul 1, 2020 Three Rivers Credit Union Georgia's Own Credit Union
May 1, 2020 Habersham Federal Credit Union Mygeorgia Credit Union
Apr 3, 2020 Southwest Georgia Financial Corporation The First Bancshares, Inc.
Apr 3, 2020 Southwest Georgia Bank The First Bank
Apr 1, 2020 Southern Bank & Trust Vallant Bank
Apr 1, 2020 SBT Bancorp, Inc. Vallant Financial, Inc.
Apr 1, 2020 The Citizens Bank First Commerce Credit Union
Feb 1, 2020 Community Financial Holding Company, Inc. First-Citizens Bank & Trust Company
Feb 1, 2020 Gwinnett Community Bank First-Citizens Bank & Trust Company
Jan 11, 2020 Abb Financial Group, Inc. Community First Bancshares, Inc.
Jan 11, 2020 Affinity Bank Affinity Bank, National Association
Jan 1, 2020 Doco Credit Union Georgia's Own Credit Union
Dec 10, 2019 First Covenant Bank First Century Bank, N.A.
Dec 9, 2019 Commercial State Bank Georgia Community Bank
Dec 7, 2019 Suntrust Bank Truist Bank
Dec 7, 2019 Suntrust Banks, Inc. Truist Financial Corporation
Oct 21, 2019 The Citizens State Bank of Taylor County Georgia Community Bank