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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
Oct 25, 2008 Citizens & Merchants State Bank Bank of North Georgia
Sep 15, 2008 The National Bank of Walton County AFB&T
Aug 1, 2008 Colony Bank Wilcox Colony Bank
Aug 1, 2008 Colony Bank of Dodge County Colony Bank
Aug 1, 2008 Colony Bank Southeast Colony Bank
Aug 1, 2008 Colony Bank Quitman, FSB Colony Bank
Aug 1, 2008 Colony Bank Worth Colony Bank
Aug 1, 2008 Colony Bank Ashburn Colony Bank
Jul 25, 2008 Home Town Bank of Villa Rica Suntrust Bank
Jul 25, 2008 First National Bank of Gwinnett Suntrust Bank
Jul 25, 2008 Mountain State Bank Suntrust Bank
Jul 25, 2008 First National Bank of the South Suntrust Bank
Jul 25, 2008 United Bank & Trust Company Suntrust Bank
Jul 25, 2008 Gainesville Bank & Trust Suntrust Bank
Jul 25, 2008 Community Trust Bank Suntrust Bank
Jul 8, 2008 Murray County Federal Credit Union Comtrust Federal Credit Union
Jun 30, 2008 Bank of America Georgia, N.A. Bank of America, N.A.
May 31, 2008 Jones County Bank United Central Bank
May 1, 2008 GB&T Bancshares, Inc. Suntrust Banks, Inc.
May 1, 2008 Traditions Federal Credit Union Doco Credit Union
Apr 12, 2008 Georgia State Bank RBC Bank (USA)
Apr 12, 2008 The Peachtree Bank RBC Bank (USA)
Apr 1, 2008 Health Employees Chatham County Credit Union Memorial Health Credit Union
Apr 1, 2008 Dea Federal Credit Union Chattanooga Area School Federal Credit Union
Dec 5, 2007 Allied Bancshares, Inc. Buckhead Community Bancorp, Inc.
Dec 5, 2007 First National Bank of Forsyth County The Buckhead Community Bank
Dec 1, 2007 North Atlanta National Bank Shinhan Bank America
Sep 15, 2007 Nekoosa Federal Credit Union Atlanta Federal Credit Union
Sep 10, 2007 First Nation Bank Bank of North Georgia
Sep 10, 2007 Peachtree National Bank Bank of North Georgia
Aug 17, 2007 Peoples Bank The Heritage Bank
Aug 1, 2007 Georgia Central Bancshares, Inc. Vallant Financial, Inc.
Aug 1, 2007 Georgia Central Bank Vallant Bank
Jul 16, 2007 First Bank of the South United Community Bank
Jul 1, 2007 Grant Park Sand Federal Credit Union Bond Community Federal Credit Union
Jul 1, 2007 First National Bank of Georgia First National Bank of Georgia
Jul 1, 2007 Marta Employees Federal Credit Union Fort McPherson Credit Union
Jul 1, 2007 First Haralson Corporation WGNB Corp.
Jun 1, 2007 Gwinnett Commercial Group, Inc. United Community Banks, Inc.
Mar 1, 2007 Gwinnett Banking Company First Charter Bank
Feb 1, 2007 First Community Bank of Georgia Atlantic Southern Bank
Jan 13, 2007 The Citizens Bank CB&T Bank of Middle Georgia
Dec 30, 2006 Summit Bank Corporation Ucbh Holdings, Inc.
Dec 30, 2006 The Summit National Bank United Commercial Bank
Dec 29, 2006 Community National Bank South Georgia Banking Company
Dec 16, 2006 Sapelo National Bank Atlantic Southern Bank
Dec 16, 2006 Sapelo Bancshares, Inc. Atlantic Southern Financial Group, Inc.
Dec 13, 2006 Piedmont Bancshares, Inc. Privatebancorp, Inc.
Dec 9, 2006 Flag Financial Corporation RBC Bank (USA)
Dec 9, 2006 FLAG Bank RBC Bank (USA)

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

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