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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
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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
Jan 1, 2012 Tippins Bank Glennville Bank
Jan 1, 2012 Members United Credit Union Members United Credit Union
Dec 31, 2011 The Thrift Credit Union Georgia's Own Credit Union
Sep 1, 2011 First Union Title Corporation WFC Holdings, LLC
Jul 1, 2011 Southtrust Mortgage Corporation Wells Fargo Bank, N.A.
May 1, 2011 South Dekalb Church Federal Credit Union Peach State Federal Credit Union
May 1, 2011 State Employees Credit Union Georgia United Credit Union
Apr 1, 2011 Valdosta Educators Credit Union Mea Federal Credit Union
Dec 1, 2010 Georgia Peach Credit Union The Southern Credit Union
Nov 30, 2010 Bankers Bank Card Services, Inc. TIB, N.A.
Nov 1, 2010 Georgia State University Federal Credit Union Georgia's Own Credit Union
Oct 1, 2010 Chevron Southern Credit Union Georgia's Own Credit Union
Jul 31, 2010 Sunrise Bank of Atlanta Sunrise Bank
Jul 31, 2010 Peoples State Bank Sunrise Bank
Jun 1, 2010 Bank of Coweta Synovus Bank
Jun 1, 2010 The Coastal Bank of Georgia Synovus Bank
Jun 1, 2010 Bank of North Georgia Synovus Bank
Jun 1, 2010 Commercial Bank & Trust Company of Troup County Synovus Bank
Jun 1, 2010 AFB&T Synovus Bank
Jun 1, 2010 Citizens First Bank Synovus Bank
Jun 1, 2010 Sea Island Bank Synovus Bank
Jun 1, 2010 CB&T Bank of Middle Georgia Synovus Bank
Jun 1, 2010 SB&T Bank Synovus Bank
Jun 1, 2010 First State Bank and Trust Company of Valdosta Synovus Bank
Jun 1, 2010 Commercial Bank Synovus Bank
Jun 1, 2010 First Community Bank of Tifton Synovus Bank
Jun 1, 2010 Georgia Bank & Trust Synovus Bank
May 1, 2010 Federal and State Inspectors Federal Credit Union Members United Credit Union
Apr 10, 2010 Wachovia Card Services, N.A. Wells Fargo Bank, N.A.
Mar 26, 2010 First Choice Community Bank 1874 First Choice Community Bank
Feb 1, 2010 Coastal Georgia Federal Credit Union Memorial Health Credit Union
Feb 1, 2010 Bestwall Brunswick Federal Credit Union Geovista Federal Credit Union
Feb 1, 2010 Georgia Power Northeast Credit Union Powerco Federal Credit Union
Jan 7, 2010 Oconee Credit Union Pinnacle Credit Union
Nov 1, 2009 Csra Federal Credit Union Associated Credit Union
Oct 17, 2009 Merchants and Farmers Bank of Comer, Georgia First Citizens Bank and Trust Company, Inc.
Oct 2, 2009 Clarke Community Federal Credit Union Peach State Federal Credit Union
Oct 1, 2009 GPC Credit Association Georgia's Own Credit Union
Aug 27, 2009 RBC Bank (Georgia) RBC Bank (Georgia), N.A.
Jul 1, 2009 Constar Credit Union Pinnacle Credit Union
Jul 1, 2009 City of Hope Federal Credit Union Peach State Federal Credit Union
Jun 29, 2009 Cmar Credit Union Ithink Financial Credit Union
Jun 1, 2009 Retail Employee Credit Union Georgia's Own Credit Union
Mar 14, 2009 Sumter Bank and Trust Company SB&T Bank
Mar 1, 2009 Rossville Bank Community National Bank
Jan 1, 2009 Southeast Georgia Health System Federal Credit Union Marshland Credit Union
Jan 1, 2009 Jefferson State Bank Hamilton State Bank
Dec 1, 2008 Yard Wide Federal Credit Union Ithink Financial Credit Union
Dec 1, 2008 The PrivateBank CIBC Bank USA
Oct 25, 2008 Citizens Bank and Trust of West Georgia Bank of North Georgia

The list holds the 500 most recent of 1,255 mergers.

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